ITM Power (OTCMKTS:ITMPF) Trading Down 7.5% – What’s Next?

Shares of ITM Power Plc (OTCMKTS:ITMPFGet Free Report) traded down 7.5% during trading on Thursday . The company traded as low as $0.46 and last traded at $0.46. 622 shares changed hands during trading, a decline of 93% from the average session volume of 8,622 shares. The stock had previously closed at $0.49.

ITM Power Stock Down 7.5 %

The business’s 50 day moving average price is $0.46 and its two-hundred day moving average price is $0.58.

About ITM Power

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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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