ITM Power Plc (ITM.L) (LON:ITM) Shares Gap Up to $663.00

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ITM Power Plc (ITM.L) (LON:ITM)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $663.00, but opened at $710.00. ITM Power Plc (ITM.L) shares last traded at $659.41, with a volume of 5,952,334 shares traded.

The company has a quick ratio of 2.31, a current ratio of 3.20 and a debt-to-equity ratio of 11.71. The business’s 50 day moving average is GBX 447.27 and its 200-day moving average is GBX 317.68. The firm has a market cap of £3.21 billion and a P/E ratio of -89.59.

ITM Power Plc (ITM.L) Company Profile (LON:ITM)

ITM Power Plc designs, manufactures, and sells hydrogen energy systems for energy storage, transportation, and industrial sectors in the United Kingdom, Germany, France, Italy, the Netherlands, and the United States. It offers HGas for power-to-gas, clean fuel, and industrial hydrogen applications. The company is also involved in the research and development of scientific and engineering projects; development and manufacture of prototype products; and sale of electrolysis equipment and hydrogen storage solutions.

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