ITM Power Plc (OTCMKTS:ITMPF – Get Free Report)’s share price was down 2.1% on Thursday . The company traded as low as $0.64 and last traded at $0.66. Approximately 1,704 shares changed hands during trading, a decline of 80% from the average daily volume of 8,556 shares. The stock had previously closed at $0.67.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on ITMPF shares. Berenberg Bank upgraded shares of ITM Power to a “hold” rating in a report on Friday, August 16th. UBS Group upgraded shares of ITM Power to a “hold” rating in a research note on Sunday, June 23rd.
Get Our Latest Research Report on ITM Power
ITM Power Stock Down 2.1 %
About ITM Power
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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