Amphion Innovations (LON:AMP) Stock Falls 5.8% – What’s Next?

Shares of Amphion Innovations Plc (LON:AMP) fell 5.8% on Tuesday. The stock traded as low as GBX 1.66 and last traded at GBX 1.79. Approximately 3,617,886 shares traded hands during trading, an increase of 368% from the average daily volume of 773,213 shares. The stock had previously closed at GBX 1.90.

Amphion Innovations Trading Up 2.5%

The company has a market cap of £12.39 million and a PE ratio of -0.85. The company’s 50 day simple moving average is GBX 2.34 and its two-hundred day simple moving average is GBX 2.57. The company has a debt-to-equity ratio of 28.24, a current ratio of 1.09 and a quick ratio of 0.56.

Amphion Innovations (LON:AMP) last released its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (1) earnings per share (EPS) for the quarter.

Insiders Place Their Bets

In related news, insider Duncan Black bought 750,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The stock was purchased at an average cost of GBX 2 per share, for a total transaction of £15,000. Also, insider John Anthony Clifford Woodley bought 500,000 shares of Amphion Innovations stock in a transaction that occurred on Monday, October 5th. The stock was purchased at an average cost of GBX 2 per share, for a total transaction of £10,000. Company insiders own 1.15% of the company’s stock.

Amphion Innovations Company Profile

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