Vivopower International (NASDAQ:VVPR) Trading 10.4% Higher – Here’s What Happened

Shares of Vivopower International Plc (NASDAQ:VVPR) rose 10.4% during trading on Thursday . The stock traded as high as $5.42 and last traded at $4.99. Approximately 3,106,620 shares were traded during mid-day trading, an increase of 216% from the average daily volume of 983,419 shares. The stock had previously closed at $4.52.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of Vivopower International from a “hold” rating to a “sell” rating in a research report on Sunday, March 15th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Vivopower International presently has an average rating of “Sell”.

Vivopower International Price Performance

The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.33 and a current ratio of 1.35. The company’s 50-day moving average price is $3.08 and its 200-day moving average price is $2.63.

Institutional Trading of Vivopower International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP acquired a new stake in Vivopower International during the fourth quarter worth approximately $28,000. Citizens Financial Group Inc. RI purchased a new stake in Vivopower International in the first quarter valued at $41,000. J. Derek Lewis & Associates Inc. purchased a new stake in Vivopower International in the fourth quarter valued at $45,000. IFG Advisory LLC purchased a new stake in Vivopower International in the third quarter valued at $46,000. Finally, JPMorgan Chase & Co. purchased a new stake in Vivopower International in the second quarter valued at $53,000. Institutional investors and hedge funds 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.