ITM Power plc (LON:ITM)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $39.90. ITM Power shares last traded at $39.25, with a volume of 537,730 shares changing hands.
The stock has a market cap of $127.17 million and a price-to-earnings ratio of -13.53. The firm’s fifty day moving average price is GBX 34.17.
About ITM Power (LON:ITM)
ITM Power Plc designs, manufactures, and sells hydrogen energy systems for energy storage, clean fuel production, and renewable chemistry in the United Kingdom, Germany, Italy, rest of Europe, and North America. It offers HGas for power-to-gas applications. The company is also involved in the research and development of scientific and engineering projects; development and manufacture of prototype products; and sale of electrolysis equipment and hydrogen storage solutions.
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