Amphion Innovations (LON:AMP) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

Amphion Innovations Plc (LON:AMPGet Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 2.60 and traded as high as GBX 3.40. Amphion Innovations shares last traded at GBX 3.40, with a volume of 241,209 shares.

Amphion Innovations Stock Up 3.0%

The stock has a fifty day moving average price of GBX 2.60. The firm has a market cap of £24.58 million and a price-to-earnings ratio of -1.13. The company has a current ratio of 1.09, a quick ratio of 0.56 and a debt-to-equity ratio of 28.24.

Insiders Place Their Bets

In related news, insider Duncan Black acquired 750,000 shares of the stock in a transaction on Friday, September 26th. The stock was acquired at an average price of GBX 2 per share, for a total transaction of £15,000. 1.12% of the stock is currently owned by company insiders.

Amphion Innovations Company Profile

(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.

Further Reading

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