Vivopower International (NASDAQ:VVPR) Downgraded by Wall Street Zen to Sell

Wall Street Zen cut shares of Vivopower International (NASDAQ:VVPR) from a hold rating to a sell rating in a report published on Saturday.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Vivopower International in a research note on Monday, December 15th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Vivopower International Stock Down 5.9%

Shares of NASDAQ VVPR opened at $2.69 on Friday. The company has a 50 day simple moving average of $3.28 and a two-hundred day simple moving average of $4.50. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.33 and a current ratio of 1.35. Vivopower International has a 12 month low of $0.62 and a 12 month high of $8.88.

Vivopower International (NASDAQ:VVPR) last issued its earnings results on Thursday, October 30th. The company reported ($0.63) earnings per share (EPS) for the quarter. The company had revenue of $0.00 million for the quarter.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. IFG Advisory LLC purchased a new position in Vivopower International in the 3rd quarter valued at about $46,000. SBI Securities Co. Ltd. raised its holdings in shares of Vivopower International by 7,088.4% during the second quarter. SBI Securities Co. Ltd. now owns 11,789 shares of the company’s stock valued at $48,000 after acquiring an additional 11,625 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in shares of Vivopower International in the second quarter valued at approximately $53,000. Cary Street Partners Financial LLC purchased a new position in shares of Vivopower International in the third quarter valued at approximately $90,000. Finally, Rossby Financial LCC acquired a new stake in shares of Vivopower International in the third quarter worth approximately $166,000. Hedge funds and other institutional investors own 15.80% of the company’s stock.

About Vivopower International

VivoPower International PLC is a global provider of energy infrastructure and battery solutions, specializing in the design, development and deployment of lithium-ion battery systems and integrated charging networks. Through its Energy Solutions division, the company engineers and manufactures modular energy storage products—ranging from portable power stations to large-scale battery arrays—under its Dragonfly Energy brand. These solutions support a broad array of end markets including remote telecommunications, off-grid mining, defense, and emergency backup power applications.

In parallel, VivoPower’s Infrastructure division focuses on the financing, construction, ownership and operation of clean energy projects and electric vehicle charging networks.