Itm Power (OTCMKTS:ITMPF) Shares Gap Down – What’s Next?

Itm Power (OTCMKTS:ITMPF) shares gapped down prior to trading on Friday . The stock had previously closed at $0.90, but opened at $0.8720. Itm Power shares last traded at $0.87, with a volume of 550 shares traded.

Analyst Ratings Changes

Separately, Peel Hunt upgraded Itm Power to a “hold” rating in a research note on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Itm Power has a consensus rating of “Buy”.

Itm Power Price Performance

The company has a quick ratio of 2.46, a current ratio of 3.07 and a debt-to-equity ratio of 0.05. The business has a 50 day simple moving average of $0.99 and a 200 day simple moving average of $0.98.

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.