ITM Power Plc (OTCMKTS:ITMPF - Get Free Report)'s stock price dropped 7.8% during trading on Monday . The company traded as low as $0.32 and last traded at $0.34. Approximately 4,200 shares changed hands during trading, a decline of 54% from the average daily volume of 9,148 shares. The stock had previously closed at $0.37.
ITM Power Stock Performance
The stock has a fifty day moving average of $0.40 and a 200-day moving average of $0.48. The company has a quick ratio of 2.93, a current ratio of 3.87 and a debt-to-equity ratio of 0.05.
ITM Power Company Profile
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ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. Its product portfolio includes TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a cutting-edge 20 MW module for large-scale projects.
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