VivoPower PLC Ordinary Shares (NASDAQ:VIVO) Trading Up 2.8% – Should You Buy?

VivoPower PLC Ordinary Shares (NASDAQ:VIVO) rose 2.8% during trading on Tuesday . The company traded as high as $4.10 and last traded at $4.05. Approximately 195,792 shares changed hands during trading, a decline of 73% from the average daily volume of 733,139 shares. The stock had previously closed at $3.94.

Analyst Ratings Changes

VIVO has been the topic of several research reports. Noble Financial initiated coverage on shares of VivoPower PLC Ordinary Shares in a research report on Monday, July 13th. They issued an “outperform” rating and a $10.00 price target on the stock. Weiss Ratings raised shares of VivoPower PLC Ordinary Shares from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, June 23rd. Finally, Wall Street Zen raised shares of VivoPower PLC Ordinary Shares from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $10.00.

VivoPower PLC Ordinary Shares Stock Up 8.8%

The business’s 50-day moving average is $4.59.

VivoPower PLC Ordinary Shares (NASDAQ:VIVO) last announced its earnings results on Friday, June 26th. The company reported ($0.23) EPS for the quarter. The firm had revenue of $0.01 million during the quarter.

About VivoPower PLC Ordinary Shares

VivoPower PLC is engaged in building, owning, and leasing powered land and data center infrastructure for AI compute applications. The group delivers specialized infrastructure solutions across the AI Data Centers, Power-to-X, and Electric Mobility. It is develop and operated infrastructure that enables sovereign nations and institutional partners to secure control over power, data, and national intelligence, supporting AI, compute-intensive workloads, and energy transition use cases.