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Pin to quick picksItm Power Share News (ITM)

Share Price Information for Itm Power (ITM)

London Stock Exchange
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Share Price: 65.70
Bid: 65.70
Ask: 66.00
Change: 4.95 (8.15%)
Spread: 0.30 (0.457%)
Open: 62.00
High: 66.65
Low: 60.45
Prev. Close: 60.75
ITM Live PriceLast checked at -

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AIM WINNERS & LOSERS: Blue Star jumps; Virgin Wines profit slumps

Tue, 14th Mar 2023 11:07

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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AIM - WINNERS

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Blue Star Capital PLC, up 39% at 0.25 pence, 12-month range 0.12p-0.54p. The stock surges on an update concerning its SatoshiPay investee. Blockchain company Pendulum releases its 'Spacewalk' blockchain bridge, which aims to bridge the gap between the decentralized finance and traditional fintech services sectors. "Pendulum is committed to advancing foreign exchange trading into the blockchain space to integrate a tranche of the USD6.6 trillion traded daily in forex markets. It is hoped that the Spacewalk bridge will serve as critical infrastructure to bring stablecoin liquidity required for forex trading to Pendulum," Blue Star explains. Blue Star has a 28% stake in SatoshiPay, which in turn has a 5.5% interest in Pendulum's future tokens.

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ITM Power PLC, up 6.4% at 85.64p, 12-month range 66.02p-424.20p. Signs deal with utilities connections expert Power On Connections Ltd to lift power supply at Bessemer Park to 30 megavolt amperes by end of 2024 from 7.5 megavolt amps currently. "This additional power supply will enable ITM Power to significantly increase product testing aligned with our growth ambitions," ITM says.

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AIM - LOSERS

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Virgin Wines UK PLC, down 13% at 42.40p, 12-month range 42.40p-138.00p. The online wine retailer posts weaker half-year results amid inflationary pressure. Revenue in the six months to December 31 falls 17% to GBP33.6 million from GBP40.6 million a year earlier. Pretax profit plunges 97% to GBP90,000 from GBP3.2 million. "As previously announced in our year-end trading update, profitability was impacted during the first half, with a number of macroeconomic headwinds exacerbating certain internal and operational challenges which we encountered particularly over our peak Christmas trading period," Chief Executive Jay Wright says.

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By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
25 Jul 2023 08:32

ITM Power postpones full-year results, reiterates guidance

(Sharecast News) - ITM Power postponed the release of its full-year audited results at the request of its auditor.

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17 Jul 2023 15:38

ITM Power wins contract in Germany

(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.

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17 Jul 2023 11:24

IN BRIEF: ITM Power wins 100MW contract with German customer

ITM Power PLC - Sheffield, England-based designer and manufacturer of electrolysers for green hydrogen production - Awarded contract with unnamed customer to procure long lead-time materials and components required to manufacture ITM's MEP30 skids for a 100 megawatt project in Germany. The customer, which ITM does not name, intends to make its final investment decision this year.

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13 Jul 2023 09:18

LONDON BROKER RATINGS: HSBC raises Watches of Switzerland to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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10 Jul 2023 13:05

ITM Power launching new Germany hub

(Sharecast News) - Electrolyser specialist ITM Power is expanding its presence in Germany, it announced on Monday, with the establishment of ITM Power Germany.

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10 Jul 2023 08:34

ITM Power to launch Germany expansion in October with new facilities

(Alliance News) - ITM Power PLC said on Monday that it was expanding in Germany this October, opening new facilities with office space for more than 50 employees.

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7 Jul 2023 07:43

LONDON BRIEFING: Coca-Cola HBC raises guidance; House prices fall

(Alliance News) - Stock prices in London are expected to open flat on Friday, as investors look ahead to a US jobs print at the end of a rather bruising week for global equities.

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3 Jul 2023 15:42

ITM Power inks strategic partnership with Mott Corporation

(Sharecast News) - Electrolyser technology specialist ITM Power announced a strategic partnership with Mott Corporation on Monday.

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3 Jul 2023 09:38

IN BRIEF: ITM Power works with Mott to advance porous transport layers

ITM Power PLC - Sheffield, England-based designer and manufacturer of electrolysers based on proton exchange membrane technology to produce green hydrogen - Partners with Mott Corp to secure ITM's market leadership in electrolyser stack technology. Says ITM and Mott are collaborating to further advance porous transport layers. This is a key component of proton exchange membrane electrolysis. Mott is a precision filtration company based in Connecticut.

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30 Jun 2023 14:18

ITM Power gets UKCA marking for electrolyser stack

(Sharecast News) - ITM Power announced on Friday that its MEP30 electrolyser stack has achieved UKCA marking.

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30 Jun 2023 10:21

ITM Power receives UKCA accreditation for electrolyser product design

(Alliance News) - ITM Power on Friday said its MEP30 electrolyser stack has been both marked and received accreditation from the UK Conformity Assessed.

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12 Jun 2023 15:45

Thyssenkrupp pulls trigger on long-awaited IPO of hydrogen division Nucera

Nucera targets primary proceeds of up to 600 mln euros

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9 Jun 2023 15:23

Thyssenkrupp's Nucera to launch IPO as early as next week -sources

LONDON/FRANKFURT, June 9 (Reuters) - Thyssenkrupp is poised to launch the long-awaited listing of its hydrogen division Nucera as soon as next week, according to several people familiar with the matter, in what could be a boost to Europe's sluggish capital markets.

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9 Jun 2023 14:50

Thyssenkrupp's Nucera to launch IPO as early as next week -sources

LONDON/FRANKFURT, June 9 (Reuters) - Thyssenkrupp is poised to launch the long-awaited listing of its hydrogen division Nucera as soon as next week, according to several people familiar with the matter, in what could be a boost to Europe's sluggish capital markets.

Read more
1 Jun 2023 10:14

ITM Power FY revenue seen ahead of guidance, EBITDA loss within range

(Sharecast News) - ITM Power said on Thursday that it expects full-year revenue to be ahead of guidance, while the adjusted EBITDA loss will be within the guidance range.

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