Investors Purchase High Volume of VivoPower PLC Ordinary Shares Call Options (NASDAQ:VIVO)

VivoPower PLC Ordinary Shares (NASDAQ:VIVO) saw some unusual options trading activity on Tuesday. Stock investors purchased 8,621 call options on the company. This is an increase of 321% compared to the typical volume of 2,050 call options.

VivoPower PLC Ordinary Shares Stock Performance

VivoPower PLC Ordinary Shares stock opened at $3.90 on Thursday. VivoPower PLC Ordinary Shares has a 52 week low of $1.20 and a 52 week high of $6.98. The stock has a 50-day simple moving average of $4.99.

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

Wall Street Analysts Forecast Growth

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

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.