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ITM Power Plc (ITMPF)

Other OTC - Other OTC Delayed Price. Currency in USD
1.3300-0.0200 (-1.48%)
At close: 02:09PM EST
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Chart Events
Neutralpattern detected
Previous Close1.3500
Open1.4000
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range1.3300 - 1.4400
52 Week Range0.8410 - 5.7100
Volume7,308
Avg. Volume10,713
Market Cap819.49M
Beta (5Y Monthly)1.96
PE Ratio (TTM)N/A
EPS (TTM)-0.0700
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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    ITM Power will cut its headcount by a quarter in a drive to slash costs and improve performance, after a string of profit warnings at the UK hydrogen equipment manufacturer. The Sheffield-based producer of electrolysers, which separate the zero-carbon fuel from water, said on Tuesday that the lay-offs of more than 100 staff would help cut its annual wage bill by 30 per cent or £9mn a year, after pre-tax losses more than trebled to £57mn in the six months to October. The start-up, which is backed by industrial gas group Linde and Italian gas infrastructure group Snam, has been facing difficulties in scaling up its electrolyser technology.

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