VivoPower PLC Ordinary Shares Target of Unusually Large Options Trading (NASDAQ:VIVO)

VivoPower PLC Ordinary Shares (NASDAQ:VIVO) was the recipient of some unusual options trading activity on Tuesday. Investors acquired 8,621 call options on the company. This is an increase of approximately 321% compared to the typical daily volume of 2,050 call options.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Weiss Ratings upgraded shares of VivoPower PLC Ordinary Shares from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 23rd. Noble Financial initiated coverage on VivoPower PLC Ordinary Shares in a report on Monday, July 13th. They set an “outperform” rating and a $10.00 target price on the stock. Finally, Wall Street Zen raised VivoPower PLC Ordinary Shares from a “sell” rating to a “hold” rating in a research report on Saturday, June 13th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, VivoPower PLC Ordinary Shares currently has a consensus rating of “Hold” and an average price target of $10.00.

VivoPower PLC Ordinary Shares Trading Up 7.7%

Shares of VIVO stock opened at $4.08 on Wednesday. The firm’s fifty day simple moving average is $5.00. VivoPower PLC Ordinary Shares has a 12 month low of $1.20 and a 12 month high of $7.20.

VivoPower PLC Ordinary Shares (NASDAQ:VIVO) last issued its quarterly earnings results on Friday, June 26th. The company reported ($0.23) earnings per share (EPS) for the quarter. The company had revenue of $0.01 million for the quarter.

VivoPower PLC Ordinary Shares Company Profile

VivoPower PLC is engaged in building, owning, and leasing powered land and data center infrastructure for AI compute applications. The group delivers specialized infrastructure solutions across the AI Data Centers, Power-to-X, and Electric Mobility. It is develop and operated infrastructure that enables sovereign nations and institutional partners to secure control over power, data, and national intelligence, supporting AI, compute-intensive workloads, and energy transition use cases.