Vivopower International (NASDAQ:VVPR) Rating Lowered to “Sell” at Wall Street Zen
by Scott Moore · The Cerbat GemVivopower International (NASDAQ:VVPR – Get Free Report) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Sunday.
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Vivopower International in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Vivopower International has an average rating of “Sell”.
Read Our Latest Stock Report on Vivopower International
Vivopower International Stock Performance
VVPR opened at $2.09 on Friday. The firm’s 50 day moving average is $2.19 and its 200-day moving average is $3.21. Vivopower International has a 52-week low of $0.62 and a 52-week high of $8.88. The company has a current ratio of 1.35, a quick ratio of 1.33 and a debt-to-equity ratio of 0.84.
Institutional Investors Weigh In On Vivopower International
Institutional investors have recently modified their holdings of the stock. Legal & General Group Plc lifted its position in shares of Vivopower International by 18.7% during the third quarter. Legal & General Group Plc now owns 113,749 shares of the company’s stock worth $518,000 after purchasing an additional 17,919 shares during the last quarter. Sender Co & Partners Inc. acquired a new stake in Vivopower International during the third quarter valued at approximately $311,000. Renaissance Technologies LLC acquired a new stake in Vivopower International during the fourth quarter valued at approximately $306,000. XTX Topco Ltd bought a new position in Vivopower International during the 4th quarter worth approximately $62,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Vivopower International in the 2nd quarter worth approximately $53,000. Institutional investors and hedge funds own 15.80% of the company’s stock.
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.