Itm Power (OTCMKTS:ITMPF – Get Free Report) will likely be announcing its resultson Thursday, August 13th. Analysts expect the company to post earnings of ($0.0449) per share and revenue of $36.9740 million for the quarter.
Itm Power Stock Performance
OTCMKTS:ITMPF opened at $1.50 on Wednesday. The stock’s 50 day moving average price is $1.58 and its 200 day moving average price is $1.41. Itm Power has a 52 week low of $0.80 and a 52 week high of $2.85.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley raised shares of Itm Power from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.
About Itm Power
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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