Amphion Innovations (LON:AMP) Shares Down 9.8% – Here’s Why

Shares of Amphion Innovations Plc (LON:AMPGet Free Report) fell 9.8% on Tuesday . The company traded as low as GBX 2.20 and last traded at GBX 2.30. 1,210,863 shares changed hands during trading, an increase of 100% from the average session volume of 606,611 shares. The stock had previously closed at GBX 2.55.

Amphion Innovations Stock Down 13.7%

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 company’s fifty day moving average price is GBX 2.69 and its 200-day moving average price is GBX 2.83. The stock has a market cap of £15.95 million and a P/E ratio of -1.10.

About Amphion Innovations

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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. https://www.ampeak.energy

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