ITM Power Plc (OTCMKTS:ITMPF - Get Free Report) shot up 1.6% during trading on Friday . The stock traded as high as $0.55 and last traded at $0.54. 30,807 shares changed hands during trading, an increase of 261% from the average session volume of 8,542 shares. The stock had previously closed at $0.54.
Wall Street Analyst Weigh In
Separately, Berenberg Bank upgraded shares of ITM Power to a "hold" rating in a research note on Friday, August 16th.
Check Out Our Latest Analysis on ITMPF
ITM Power Stock Up 1.6 %
The firm's 50 day moving average is $0.61 and its 200-day moving average is $0.66.
About ITM Power
(
Get Free Report)
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.
Further Reading
Before you consider ITM Power, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ITM Power wasn't on the list.
While ITM Power currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
