Amphion Innovations (LON:AMP) Trading Up 12% – Still a Buy?

Amphion Innovations Plc (LON:AMPGet Free Report) shares were up 12% during mid-day trading on Wednesday . The company traded as high as GBX 3.50 and last traded at GBX 3.50. Approximately 1,056,692 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 2,945,276 shares. The stock had previously closed at GBX 3.13.

Amphion Innovations Trading Down 1.5%

The company has a debt-to-equity ratio of 28.24, a quick ratio of 0.56 and a current ratio of 1.09. The business’s fifty day moving average is GBX 2.52. The firm has a market capitalization of £23.49 million and a PE ratio of -1.08.

Insider Activity

In related news, insider Duncan Black acquired 750,000 shares of the stock in a transaction dated Friday, September 26th. The shares were acquired at an average price of GBX 2 per share, for a total transaction of £15,000. Insiders own 1.12% of the company’s stock.

About Amphion Innovations

(Get Free Report)

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.

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