VivoPower PLC Ordinary Shares (NASDAQ:VIVO) Trading 2% Higher – Still a Buy?

VivoPower PLC Ordinary Shares (NASDAQ:VIVOGet Free Report) shares rose 2% during mid-day trading on Wednesday . The stock traded as high as $4.33 and last traded at $4.15. 249,594 shares changed hands during trading, a decline of 40% from the average daily volume of 414,682 shares. The stock had previously closed at $4.07.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Analysis on VivoPower PLC Ordinary Shares

VivoPower PLC Ordinary Shares Price Performance

The stock’s 50-day moving average price is $4.15.

VivoPower PLC Ordinary Shares (NASDAQ:VIVOGet Free Report) last announced its quarterly earnings data on Friday, June 26th. The company reported ($0.23) EPS for the quarter. The firm had revenue of $0.01 million during the quarter.

VivoPower PLC Ordinary Shares Company Profile

(Get Free Report)

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.

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