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Pin to quick picksItm Power Share News (ITM)

Share Price Information for Itm Power (ITM)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 52.20
Bid: 52.15
Ask: 52.60
Change: 0.85 (1.66%)
Spread: 0.45 (0.863%)
Open: 51.30
High: 53.00
Low: 49.80
Prev. Close: 51.35
ITM Live PriceLast checked at -

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AIM WINNERS & LOSERS: Dotdigital upbeat; bullish broker note lifts ITM

Tue, 26th Jul 2022 11:30

(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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Dotdigital Group PLC, up 29% at 99.30 pence, 12-month range 52.60p-295.00p. The online marketing firm expects to report revenue for the year that ended June 30 increased 8.1% to GBP62.8 million from GBP58.1 million. Says this is in line with market consensus of GBP62.6 million. Expects adjusted earnings before interest, tax, depreciation and amortization and operating profit to be ahead of expectations. Credits growth across all global regions. Intends to pay a final dividend, linked to its Ebitda growth. Says sales momentum from its fourth quarter is continuing into the new financial year.

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Touchstar PLC, up 11% at 85.00p, 12-month range 63.00p-96.00p. The mobile data supplier records revenue growth of 7% to GBP3.1 million from GBP2.9 million in the first half of 2022. Recurring revenue rises 18% to GBP1.3 million from GBP1.1 million. Says it recorded "substantially higher" profit in the period. Order book grows 75% to GBP1.1 million from GBP600,000. Attributes performance to positive trends in trading and customer activity that continued throughout the period. Remains focused on delivering full-year results "at least" in line with market expectations.

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ITM Power PLC, up 2.1% at 196.23p, 12-month range 165.45p-536.15p. Peel Hunt starts coverage on energy storage and clean fuel firm with 'buy' rating.

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AIM - LOSERS

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Advance Energy PLC, down 11% at 0.09p, 12-month range 0.09p-5.70p. The cash shell says it has raised GBP345,000 via a share placing, providing the company with funds as it looks for a reverse takeover deal. Advance Energy placed 405.9 million new shares at 0.085p each, a 23% discount to Monday's closing share price of 0.11p.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
26 Jul 2022 09:42

LONDON BROKER RATINGS: Peel Hunt starts ITM Power with 'buy' rating

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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26 Jul 2022 08:28

LONDON BRIEFING: Unilever raises prices as sales volumes decline

(Alliance News) - Consumer goods firm Unilever on Tuesday said it delivered a first half performance that built on the momentum of 2021, despite challenges posed by high inflation and slower global growth.

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14 Jul 2022 09:45

LONDON BROKER RATINGS: Berenberg lifts Hunting; Goldman downgrades BHP

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

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23 Jun 2022 09:42

LONDON BROKER RATINGS: Deutsche Bank raises Rentokil and cuts Intertek

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

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20 Jun 2022 09:43

LONDON BROKER RATINGS: JPMorgan downgrades Deliveroo to underweight

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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20 Jun 2022 09:22

Berenberg lowers target price on ITM Power

(Sharecast News) - Analysts at Berenberg lowered their target price on energy storage and clean fuel company ITM Power from 225.0p to 185.0p on Monday, stating risks to both consensus expectations and the stock's rating remained "skewed to the downside".

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13 Jun 2022 09:33

LONDON BROKER RATINGS: Upgrades for Rolls-Royce and Euromoney

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

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10 Jun 2022 09:46

LONDON BROKER RATINGS: Berenberg downgrades Travis Perkins to hold

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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9 Jun 2022 11:52

ITM expects losses to widen, shares fall

(Sharecast News) - ITM Power said annual losses were set to widen significantly after the green energy specialist increased investment across the business.

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9 Jun 2022 11:23

AIM WINNERS & LOSERS: TruFin up on Satago partnership; ITM Power warns

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

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9 Jun 2022 10:07

ITM Power says annual loss to widen as scales up production capacity

(Alliance News) - ITM Power PLC shares suffered on Thursday as it warned of a widened annual loss on increased spending, but it hailed its "record backlog" of work.

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30 May 2022 10:06

LONDON BROKER RATINGS: Numis cuts Flutter to reduce; RBC lowers DCC

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon:

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19 May 2022 14:38

IN BRIEF: ITM Power wins hydrogen energy contract from UK government

ITM Power PLC - South Yorkshire-based energy storage and clean fuel firm - Wins GBP9.3 million contract from the UK government's Department for Business, Energy and Industrial Strategy, or BEIS. The contract is part of the government's "net zero innovation portfolio low carbon hydrogen supply 2 competition," ITM Power explains. It speeds up commercial deployment & manufacture of the firm's 5 megawatt Gigastack platform. Its development started in 2019 and is 2.5 times larger than ITM's previous stack platform. Further construction on the Gigafactory "commences later this year", ITM says.

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19 May 2022 12:16

ITM Power wins £9.3m contract under government net-zero programme

(Sharecast News) - Energy storage and clean fuel technology company ITM Power has been awarded a contract by the Department for Business, Energy and Industrial Strategy (BEIS), it announced on Thursday.

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