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

Vivopower International Plc (NASDAQ:VVPR)’s share price traded up 10.4% on Thursday . The stock traded as high as $5.42 and last traded at $4.99. 3,106,620 shares were traded during mid-day trading, an increase of 216% from the average session 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 note on Sunday, March 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Vivopower International Price Performance

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

Hedge Funds Weigh In On Vivopower International

A number of hedge funds have recently made changes to their positions in VVPR. IFG Advisory LLC purchased a new position in shares of Vivopower International in the third quarter valued at approximately $46,000. Engineers Gate Manager LP purchased a new position in shares of Vivopower International in the fourth quarter valued at approximately $28,000. JPMorgan Chase & Co. purchased a new position in shares of Vivopower International in the second quarter valued at approximately $53,000. Legal & General Group Plc boosted its stake in shares of Vivopower International by 18.7% in the third quarter. Legal & General Group Plc now owns 113,749 shares of the company’s stock valued at $518,000 after purchasing an additional 17,919 shares during the period. Finally, Citizens Financial Group Inc. RI purchased a new position in shares of Vivopower International in the first quarter valued at approximately $41,000. Hedge funds and other institutional investors own 15.80% of the company’s stock.

Vivopower International Company Profile

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.