ITM Power Plc (OTCMKTS:ITMPF – Get Free Report) dropped 7.5% during trading on Thursday . The company traded as low as $0.46 and last traded at $0.46. 622 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 8,622 shares. The stock had previously closed at $0.49.
ITM Power Price Performance
The stock has a 50 day moving average of $0.46 and a 200 day moving average of $0.58.
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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