Itm Power (OTCMKTS:ITMPF) Upgraded to “Hold” at Peel Hunt

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

Itm Power Stock Down 1.2%

OTCMKTS:ITMPF opened at $1.20 on Thursday. The company has a 50-day moving average price of $1.38 and a 200-day moving average price of $1.56. Itm Power has a 12 month low of $0.80 and a 12 month 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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