Vivopower International (NASDAQ:VVPR) Stock Price Up 1% – Time to Buy?

Vivopower International Plc (NASDAQ:VVPR) shares rose 1% on Monday . The company traded as high as $2.13 and last traded at $2.10. Approximately 269,682 shares were traded during trading, a decline of 73% from the average daily volume of 1,005,967 shares. The stock had previously closed at $2.08.

Analysts Set New Price Targets

VVPR has been the subject of a number of recent analyst reports. Wall Street Zen cut shares of Vivopower International from a “hold” rating to a “sell” rating in a research report on Sunday, March 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Vivopower International in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Vivopower International Stock Up 1.0%

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 firm’s 50-day moving average price is $2.06 and its two-hundred day moving average price is $2.90.

Institutional Trading of Vivopower International

Several institutional investors and hedge funds have recently bought and sold shares of VVPR. Renaissance Technologies LLC acquired a new position in Vivopower International in the 4th quarter valued at $306,000. Legal & General Group Plc boosted its position in shares of Vivopower International by 18.7% in the 3rd quarter. Legal & General Group Plc now owns 113,749 shares of the company’s stock worth $518,000 after buying an additional 17,919 shares in the last quarter. Sender Co & Partners Inc. purchased a new stake in shares of Vivopower International in the 3rd quarter worth about $311,000. Rossby Financial LCC purchased a new position in Vivopower International in the 3rd quarter valued at about $166,000. Finally, XTX Topco Ltd purchased a new position in Vivopower International in the 4th quarter valued at about $62,000. 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.