Vivopower International (NASDAQ:VVPR) Trading Down 13% – What’s Next?
by Tristan Rich · The Markets DailyVivopower International Plc (NASDAQ:VVPR – Get Free Report)’s stock price traded down 13% during mid-day trading on Tuesday . The company traded as low as $4.2650 and last traded at $4.55. Approximately 1,384,793 shares changed hands during mid-day trading, an increase of 41% from the average session volume of 983,419 shares. The stock had previously closed at $5.23.
Vivopower International Price Performance
The company has a debt-to-equity ratio of 0.84, a current ratio of 1.35 and a quick ratio of 1.33. The company has a 50-day moving average price of $4.88 and a 200 day moving average price of $3.23.
Hedge Funds Weigh In On Vivopower International
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP purchased a new stake in shares of Vivopower International during the fourth quarter valued at about $28,000. JPMorgan Chase & Co. bought a new stake in shares of Vivopower International in the 2nd quarter valued at about $53,000. Citizens Financial Group Inc. RI purchased a new position in shares of Vivopower International in the 1st quarter worth approximately $41,000. J. Derek Lewis & Associates Inc. purchased a new position in shares of Vivopower International in the 4th quarter worth approximately $45,000. Finally, XTX Topco Ltd bought a new position in shares of Vivopower International during the 4th quarter worth approximately $62,000. 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.