ITM Power Plc (OTCMKTS:ITMPF – Get Free Report) was down 7.8% during mid-day trading on Monday . The company traded as low as $0.32 and last traded at $0.34. Approximately 4,200 shares changed hands during trading, a decline of 54% from the average daily volume of 9,148 shares. The stock had previously closed at $0.37.
ITM Power Stock Down 7.8 %
The firm’s 50-day moving average is $0.41 and its 200-day moving average is $0.48. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.87 and a quick ratio of 2.93.
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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