ITM Power (ITM)

Sector:

Energy Producers

Index:

FTSE AIM 50

50.95p
   
  • Change Today:
    -0.050p
  • 52 Week High: 98.58
  • 52 Week Low: 45.12
  • Currency: UK Pounds
  • Shares Issued: 616.88m
  • Volume: 1,742,746
  • Market Cap: £314.30m
  • RiskGrade: 405

ITM Power wins contract in Germany

By Josh White

Date: Monday 17 Jul 2023

LONDON (ShareCast) - (Sharecast News) - ITM Power announced the award of a contract for the procurement of long lead-time materials and components for a particular project, it announced on Monday.
The AIM-traded firm said the materials and components would be needed for the manufacturing of its MEP30 skids for a 100MW project in Germany.

It said the customer was aiming to take a final investment decision in 2023.

"This order is an important endorsement of our technology and capability to deliver projects at scale," said chief executive officer Dennis Schulz.

"It will be the third 100MW project we are entrusted to execute."

At 1518 BST, shares in ITM Power were up 2.65% at 75.44p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ITM Power Market Data

Currency UK Pounds
Share Price 50.95p
Change Today -0.050p
% Change -0.10 %
52 Week High 98.58
52 Week Low 45.12
Volume 1,742,746
Shares Issued 616.88m
Market Cap £314.30m
RiskGrade 405

ITM Power Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
3.29% above the market average3.29% above the market average3.29% above the market average3.29% above the market average3.29% above the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Price Trend
76.75% below the market average76.75% below the market average76.75% below the market average76.75% below the market average76.75% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Income Not Available
Growth
32.77% above the market average32.77% above the market average32.77% above the market average32.77% above the market average32.77% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 5
Sell 5
Strong Sell 0
Total 19
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ITM Power Dividends

No dividends found

Trades for 30-Apr-2024

Time Volume / Share Price
17:01 7,453 @ 50.95p
16:35 217,227 @ 50.95p
16:35 545 @ 50.95p
16:35 1,152 @ 50.95p
16:35 957 @ 50.95p

ITM Power Key Personnel

Finance Director Andy Allen

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