ITM Power Plc (OTCMKTS:ITMPF – Get Free Report)’s share price shot up 1.6% on Friday . The stock traded as high as $0.55 and last traded at $0.54. 30,807 shares were traded during trading, an increase of 261% from the average session volume of 8,542 shares. The stock had previously closed at $0.54.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank upgraded shares of ITM Power to a “hold” rating in a research note on Friday, August 16th.
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ITM Power Stock Performance
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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