ITM Power Plc (OTCMKTS:ITMPF – Get Free Report) shares were down 4.1% during mid-day trading on Friday . The company traded as low as $0.61 and last traded at $0.61. Approximately 11,951 shares changed hands during mid-day trading, an increase of 43% from the average daily volume of 8,383 shares. The stock had previously closed at $0.64.
Wall Street Analyst Weigh In
Several analysts have recently commented on ITMPF shares. UBS Group raised ITM Power to a “hold” rating in a research report on Sunday, June 23rd. Berenberg Bank upgraded shares of ITM Power to a “hold” rating in a report on Friday, August 16th.
Read Our Latest Research Report on ITMPF
ITM Power Trading Down 4.1 %
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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