Shares of Itm Power (OTCMKTS:ITMPF – Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $0.9825, but opened at $0.8879. Itm Power shares last traded at $0.8879, with a volume of 2,000 shares.
Analyst Ratings Changes
A number of brokerages have recently commented on ITMPF. Peel Hunt raised shares of Itm Power to a “hold” rating in a report on Thursday, October 8th. Zacks Research raised shares of Itm Power to a “hold” rating in a report on Monday, October 26th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.
Check Out Our Latest Analysis on ITMPF
Itm Power Trading Down 3.1%
The stock has a fifty day moving average of $1.22 and a two-hundred day moving average of $1.37.
Itm Power Company Profile
ITM Power is a U.K.-based clean-energy company that designs and manufactures proton exchange membrane (PEM) electrolyser systems. Its equipment uses electricity to produce hydrogen from water, with the aim of supplying hydrogen made using renewable power. The company’s products and integrated systems are intended for uses including industrial hydrogen supply, transport and energy storage. ITM Power also develops and delivers hydrogen projects with customers and partners, particularly in the United Kingdom and other international markets.
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