Itm Power (OTCMKTS:ITMPF) Shares Gap Up – Still a Buy?

Shares of Itm Power (OTCMKTS:ITMPFGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $0.8466, but opened at $0.8841. Itm Power shares last traded at $0.8841, with a volume of 250 shares.

Itm Power Stock Performance

The stock has a 50 day simple moving average of $0.93 and a 200-day simple moving average of $0.97. The company has a quick ratio of 2.46, a current ratio of 3.07 and a debt-to-equity ratio of 0.05.

About Itm Power

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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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