Amphion Innovations (LON:AMP) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Amphion Innovations Plc (LON:AMPGet Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 2.44 and traded as high as GBX 3.20. Amphion Innovations shares last traded at GBX 2.85, with a volume of 1,114,698 shares changing hands.

Amphion Innovations Price Performance

The company has a market cap of £21.68 million and a P/E ratio of -0.95. The business has a fifty day moving average of GBX 2.44. The company has a current ratio of 1.09, a quick ratio of 0.56 and a debt-to-equity ratio of 28.24.

Insider Buying and Selling at Amphion Innovations

In other Amphion Innovations news, insider Duncan Black purchased 750,000 shares of Amphion Innovations stock in a transaction dated Friday, September 26th. The stock was acquired at an average price of GBX 2 per share, for a total transaction of £15,000. 1.12% of the stock is owned by insiders.

Amphion Innovations Company Profile

(Get Free Report)

Ampeak Energy is a global developer, owner and operator of sustainable energy projects. Ampeak Energy owns the world’s flagship tidal stream project, MeyGen. Ampeak Energy is also the owner of the Uskmouth Power Station site that is being repurposed into a sustainable energy park, initially housing one of the UK’s largest battery energy storage projects.

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