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.

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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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