Vivopower International (NASDAQ:VVPR) Shares Down 1.3% – Time to Sell?

Vivopower International Plc (NASDAQ:VVPR)’s share price traded down 1.3% during mid-day trading on Monday . The stock traded as low as $5.14 and last traded at $5.45. 2,271,885 shares traded hands during mid-day trading, an increase of 131% from the average daily volume of 983,419 shares. The stock had previously closed at $5.52.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered shares of Vivopower International from a “hold” rating to a “sell” rating in a research note on Sunday, March 15th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Vivopower International Trading Down 1.3%

The business has a 50 day moving average of $4.19 and a 200-day moving average of $2.96. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.33 and a current ratio of 1.35.

Hedge Funds Weigh In On Vivopower International

A number of hedge funds have recently modified their holdings of VVPR. Krane Financial Solutions LLC acquired a new position in shares of Vivopower International in the 1st quarter valued at $424,000. Renaissance Technologies LLC purchased a new position in Vivopower International during the 4th quarter worth $306,000. Legal & General Group Plc grew its position in Vivopower International by 18.7% during the 3rd quarter. Legal & General Group Plc now owns 113,749 shares of the company’s stock worth $518,000 after purchasing an additional 17,919 shares during the last quarter. Sender Co & Partners Inc. acquired a new position in Vivopower International in the third quarter valued at $311,000. Finally, Rossby Financial LCC acquired a new position in Vivopower International in the third quarter valued at $166,000. 15.80% of the stock is currently owned by hedge funds and other institutional investors.

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.