Shares of ITM Power Plc (OTCMKTS:ITMPF – Get Free Report) reached a new 52-week high on Monday . The company traded as high as $1.10 and last traded at $1.10, with a volume of 4650 shares trading hands. The stock had previously closed at $0.98.
ITM Power Stock Up 11.8%
The company’s fifty day moving average is $0.52 and its 200-day moving average is $0.45. The company has a quick ratio of 2.93, a current ratio of 3.87 and a debt-to-equity ratio of 0.05.
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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