ITM Power Plc (OTCMKTS:ITMPF – Get Free Report) traded down 3.5% during mid-day trading on Tuesday . The company traded as low as $0.43 and last traded at $0.43. 2,405 shares were traded during mid-day trading, a decline of 71% from the average session volume of 8,406 shares. The stock had previously closed at $0.44.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank raised shares of ITM Power to a “hold” rating in a research report on Friday, August 16th.
Read Our Latest Stock Analysis on ITMPF
ITM Power Price Performance
ITM Power Company Profile
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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