Itm Power (OTCMKTS:ITMPF – Get Free Report) shares gapped up prior to trading on Friday. The stock had previously closed at $1.16, but opened at $1.22. Itm Power shares last traded at $1.22, with a volume of 331 shares.
Wall Street Analysts Forecast Growth
Separately, Peel Hunt upgraded Itm Power to a “hold” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Read Our Latest Research Report on Itm Power
Itm Power Stock Performance
Itm Power Company Profile
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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