ITM Power plc (ITM) Reaches New 1-Year High at $61.75
ITM Power plc (LON:ITM)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 61.75 ($0.80) and last traded at GBX 50.50 ($0.65), with a volume of 1,118,700 shares changing hands. The stock had previously closed at GBX 56 ($0.72).
The company’s market cap is GBX 132.82 million. The company’s 50-day moving average is GBX 32.55 and its 200-day moving average is GBX 23.63.
ITM Power plc Company Profile
ITM Power Plc designs and manufactures integrated hydrogen energy solutions for energy storage and clean fuel production. The Company has a range of product platforms based on Proton Exchange Membrane (PEM) technology. The Company’s product, HGas, is designed for Power-to-Gas applications. HGas accommodates fluctuating power profiles while generating hydrogen at pressures suitable for either direct injection into natural gas networks or through methanation processes without additional compression.
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