ITM Power is once again showing signs of weakness, with a failed attempt to overcome 1 Euro. The stock is stuck in the hole with -1.4% on Thursday.
- This means that ITM Power has hardly any significant prospect of quickly rising above the important target – according to the chart technicians – of 1 euro. The stock will have lost only about -1.7% in the past five days. Nevertheless, the prices show astonishing weakness.
- At the same time, there is at least one outlook that could still provide hope for news: on September 29, ITM Power will hold its annual general meeting. This may bring a relief from the situation, at least the observers who are waiting for new reports hope.
ITM Power: It´s all about this meeting!
On September 29, the share will be put to the test. For quite some time now, the financial markets have heard little substantial news from ITM Power. Sales in the current year are still estimated at around £21 million. The British have raised higher hopes for the coming fiscal year, with sales expected to rise to £57 million. This, in turn, is not yet being rewarded by the stock market with rising prices.
Sollten Anleger sofort verkaufen? Oder lohnt sich doch der Einstieg bei ITM Power?
Should investors sell immediately? Or is it worth investing in ITM Power after all?
In this regard, the annual general meeting could give a new impulses, the observers hope. On the other hand, professional analysts are already optimistic. After all, according to Marketscreener, the estimate for the share price is currently at a plus of almost 96%. The analysts would therefore not be surprised if ITM Power would climb to a value of over 1.75 euros within the next 12 months.
Sollten Anleger sofort verkaufen? Oder lohnt sich doch der Einstieg bei ITM Power?
In this light, the analysts assume, if necessary, that the annual general meeting can set new impulses for the value.
Buy, hold, or sell? – Your ITM Power analysis of 15/09 provides the answer:
What are the prospects for ITM Power´s development? Is this stock a safe investment for your money?
The answers to these questions and why you need to act now can be found in the current analysis of ITM Power stock.
Kaufen, halten oder verkaufen - Ihre ITM Power-Analyse von 19.05. liefert die Antwort:
Wie wird sich ITM Power jetzt weiter entwickeln? Ist ihr Geld in dieser Aktie sicher? Die Antworten auf diese Fragen und warum Sie jetzt handeln müssen, erfahren Sie in der aktuellen Analyse zur ITM Power Aktie
