Vivopower International (NASDAQ:VVPR) Shares Down 1.4% – Here’s Why

Vivopower International Plc (NASDAQ:VVPR)’s share price was down 1.4% on Monday . The stock traded as low as $1.31 and last traded at $1.42. Approximately 333,300 shares were traded during trading, a decline of 43% from the average daily volume of 584,640 shares. The stock had previously closed at $1.44.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Wall Street Zen cut Vivopower International from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Vivopower International in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Vivopower International presently has an average rating of “Sell”.

Vivopower International Stock Down 1.4%

The business’s 50 day moving average is $2.41 and its 200 day moving average is $3.73. The company has a quick ratio of 1.33, a current ratio of 1.35 and a debt-to-equity ratio of 0.84.

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

Hedge Funds Weigh In On Vivopower International

Large investors have recently added to or reduced their stakes in the company. Legal & General Group Plc purchased a new stake in shares of Vivopower International during the second quarter valued at about $383,000. Sender Co & Partners Inc. bought a new position in shares of Vivopower International during the 3rd quarter worth approximately $311,000. Rossby Financial LCC bought a new position in shares of Vivopower International during the 3rd quarter worth approximately $166,000. Cary Street Partners Financial LLC purchased a new stake in Vivopower International during the third quarter valued at approximately $90,000. Finally, JPMorgan Chase & Co. acquired a new stake in Vivopower International in the second quarter valued at approximately $53,000. 15.80% of the stock is currently owned by institutional investors.

Vivopower International Company Profile

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.