Shares of ITM Power Plc (OTCMKTS:ITMPF – Get Free Report) traded up 1.6% during trading on Friday . The company traded as high as $0.55 and last traded at $0.54. 30,807 shares traded hands during mid-day trading, an increase of 261% from the average session volume of 8,542 shares. The stock had previously closed at $0.54.
Wall Street Analyst Weigh In
Separately, Berenberg Bank raised shares of ITM Power to a “hold” rating in a research report on Friday, August 16th.
Read Our Latest Stock Analysis on ITMPF
ITM Power Stock Performance
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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