Shares of ITM Power Plc (LON:ITM – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 58.12 ($0.72) and traded as low as GBX 50.55 ($0.63). ITM Power shares last traded at GBX 50.75 ($0.63), with a volume of 1,954,469 shares changing hands.
Analysts Set New Price Targets
Separately, Jefferies Financial Group raised ITM Power to a “buy” rating in a research report on Monday, February 26th.
Get Our Latest Stock Analysis on ITM Power
ITM Power Stock Down 1.2 %
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.
Featured Stories
- Five stocks we like better than ITM Power
- Investing In Preferred Stock vs. Common Stock
- United Airlines Soars on Earnings Beat
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- J.B. Hunt Hits the Skids: Lower Prices to Come
- How to Use the MarketBeat Dividend Calculator
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for ITM Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITM Power and related companies with MarketBeat.com's FREE daily email newsletter.