Itm Power (OTCMKTS:ITMPF – Get Free Report) is expected to be announcing its resultson Thursday, August 13th. Analysts expect Itm Power to announce earnings of ($0.0449) per share and revenue of $36.9740 million for the quarter.
Itm Power Price Performance
OTCMKTS ITMPF opened at $1.47 on Tuesday. The company’s 50-day simple moving average is $1.60 and its 200 day simple moving average is $1.40. Itm Power has a twelve month low of $0.79 and a twelve month high of $2.85.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley upgraded shares of Itm Power from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
Itm Power Company Profile
Itm Power plc is a United Kingdom–based manufacturer of integrated hydrogen energy solutions, specializing in proton exchange membrane (PEM) electrolyzer systems. The company’s core offering includes modular electrolyzer stacks and balance-of-plant solutions designed to convert renewable electricity into green hydrogen. These systems can be scaled from small-scale demonstrations to multi-megawatt deployments, targeting applications in industry, gas blending and refueling infrastructure.
Beyond electrolyzer modules, Itm Power develops turnkey turnkey “power-to-gas” and “power-to-liquids” projects that enable carbon-free fuel production.
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