Itm Power (OTCMKTS:ITMPF) Raised to Hold at Peel Hunt

Itm Power (OTCMKTS:ITMPF – Get Free Report) was upgraded by analysts at Peel Hunt to a “hold” rating in a report released on Thursday, Zacks reports.

Itm Power Trading Down 1.2%

OTCMKTS:ITMPF opened at $1.20 on Thursday. The firm’s 50 day simple moving average is $1.38 and its 200 day simple moving average is $1.56. Itm Power has a one year low of $0.80 and a one year high of $2.85.

Itm Power Company Profile

(Get Free Report)

ITM Power plc is a United Kingdom-based company that designs and manufactures proton exchange membrane (PEM) electrolyzers for the production of green hydrogen. Its systems use renewable electricity and water to generate hydrogen without directly producing carbon emissions, supporting the decarbonization of industrial processes, transportation, and energy systems.

The company supplies electrolyzer products and related engineering, integration, and service capabilities for projects ranging from smaller distributed installations to large-scale hydrogen production facilities.

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