Vivopower International (NASDAQ:VVPR) Trading Up 1% – Still a Buy?

Shares of Vivopower International Plc (NASDAQ:VVPR) traded up 1% during mid-day trading on Monday . The stock traded as high as $2.13 and last traded at $2.10. 269,682 shares traded hands during trading, a decline of 73% from the average session volume of 1,005,967 shares. The stock had previously closed at $2.08.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Wall Street Zen cut 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 investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Vivopower International Price Performance

The company has a debt-to-equity ratio of 0.84, a current ratio of 1.35 and a quick ratio of 1.33. The stock’s fifty day simple moving average is $2.06 and its two-hundred day simple moving average is $2.88.

Institutional Investors Weigh In On Vivopower International

Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new stake in shares of Vivopower International during the 2nd quarter worth $53,000. Sender Co & Partners Inc. bought a new stake in shares of Vivopower International during the 3rd quarter worth $311,000. IFG Advisory LLC bought a new stake in shares of Vivopower International during the 3rd quarter worth $46,000. Legal & General Group Plc bought a new stake in shares of Vivopower International during the 2nd quarter worth $383,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Vivopower International during the 4th quarter worth $306,000. 15.80% of the stock is owned by institutional investors.

About Vivopower International

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.