Itm Power (ITMPF) Projected to Announce Earnings on Monday

Itm Power (OTCMKTS:ITMPF – Get Free Report) will likely be releasing its resultson Monday, October 19th. Analysts expect the company to announce earnings of ($0.0283) per share and revenue of $36.97 million for the quarter.

Itm Power Trading Up 5.2%

Shares of Itm Power stock opened at $1.22 on Friday. The business’s 50-day moving average price is $1.36 and its 200-day moving average price is $1.57. Itm Power has a 12 month low of $0.80 and a 12 month high of $2.85.

Wall Street Analyst Weigh In

Separately, Peel Hunt raised shares of Itm Power to a “hold” rating in a research note on Thursday, October 8th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Check Out Our Latest Report on Itm Power

About Itm Power

(Get Free Report)

ITM Power plc is a United Kingdom-based company that designs and manufactures proton exchange membrane (PEM) electrolyzers for the production of green hydrogen. Its systems use renewable electricity and water to generate hydrogen without directly producing carbon emissions, supporting the decarbonization of industrial processes, transportation, and energy systems.

The company supplies electrolyzer products and related engineering, integration, and service capabilities for projects ranging from smaller distributed installations to large-scale hydrogen production facilities.

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