Itm Power (OTCMKTS:ITMPF – Get Free Report) shares gapped down before the market opened on Monday. The stock had previously closed at $1.20, but opened at $1.16. Itm Power shares last traded at $1.16, with a volume of 800 shares traded.
Analyst Upgrades and Downgrades
Separately, Peel Hunt upgraded shares of Itm Power to a “hold” rating in a research report on Thursday, October 8th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.
Get Our Latest Analysis on Itm Power
Itm Power Trading Up 0.3%
The company has a 50-day moving average of $1.35 and a 200-day moving average of $1.58.
About Itm Power
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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