ITM Power Plc (OTCMKTS:ITMPF – Get Free Report)’s stock price fell 3.5% during 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 Analyst Weigh In
Separately, Berenberg Bank upgraded shares of ITM Power to a “hold” rating in a research note on Friday, August 16th.
Read Our Latest Stock Report on ITMPF
ITM Power Trading Down 3.5 %
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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