ITM Power plc (ITM) Reaches New 52-Week High at $61.75
Shares of ITM Power plc (LON:ITM) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 61.75 ($0.80) and last traded at GBX 50.50 ($0.65), with a volume of 1,118,700 shares. The stock had previously closed at GBX 56 ($0.72).
The company has a 50 day moving average price of GBX 31.46 and a 200 day moving average price of GBX 23.40. The company’s market capitalization is GBX 126.56 million.
ITM Power plc Company Profile
ITM Power Plc designs and manufactures integrated hydrogen energy solutions for energy storage and clean fuel production. The Company has a range of product platforms based on Proton Exchange Membrane (PEM) technology. The Company’s product, HGas, is designed for Power-to-Gas applications. HGas accommodates fluctuating power profiles while generating hydrogen at pressures suitable for either direct injection into natural gas networks or through methanation processes without additional compression.
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