ITM Power Plc (OTCMKTS:ITMPF - Get Free Report) fell 6.6% on Friday . The stock traded as low as $0.57 and last traded at $0.60. 13,922 shares changed hands during mid-day trading, an increase of 71% from the average session volume of 8,157 shares. The stock had previously closed at $0.64.
Analyst Ratings Changes
A number of research firms have issued reports on ITMPF. Berenberg Bank upgraded ITM Power to a "hold" rating in a research note on Friday, August 16th. UBS Group upgraded shares of ITM Power to a "hold" rating in a research report on Sunday, June 23rd.
Check Out Our Latest Report on ITM Power
ITM Power Price Performance
The business has a fifty day moving average of $0.66 and a 200-day moving average of $0.68.
About ITM Power
(
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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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