Amphion Innovations (LON:AMP) Shares Down 5.8% – Time to Sell?

Amphion Innovations Plc (LON:AMP)’s share price traded down 5.8% during trading on Tuesday. The stock traded as low as GBX 1.66 and last traded at GBX 1.79. 3,617,886 shares changed hands during trading, an increase of 368% from the average daily volume of 773,213 shares. The stock had previously closed at GBX 1.90.

Amphion Innovations Stock Down 5.8%

The company has a quick ratio of 0.56, a current ratio of 1.09 and a debt-to-equity ratio of 28.24. The stock has a 50 day moving average of GBX 2.37 and a 200 day moving average of GBX 2.58. The firm has a market capitalization of £13.03 million and a price-to-earnings ratio of -0.89.

Amphion Innovations (LON:AMP) last posted its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (1) EPS for the quarter.

Insider Buying and Selling at Amphion Innovations

In related news, insider John Anthony Clifford Woodley bought 500,000 shares of the business’s stock in a transaction on Monday, October 5th. The shares were bought at an average cost of GBX 2 per share, for a total transaction of £10,000. Also, insider Duncan Black acquired 750,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was purchased at an average price of GBX 2 per share, for a total transaction of £15,000. 1.15% of the stock is owned by company insiders.

Amphion Innovations Company Profile

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. https://www.ampeak.energy