VivoPower International PLC (VVPR): Street Finally Waking Up


    Renaissance Technologies LLC recently announced the acquisition of new stake in VivoPower International PLC (NASDAQ:VVPR). The institutional investor has increased its shareholding in the Technology company by 530.94% to 89594.0 shares with purchase of 75394.0 shares. This fresh investment now brings its stake to 0.66% valued currently at $0.15 million.

    With over 17.15 million VivoPower International PLC (VVPR) shares trading Monday and a closing price of $9.12 on the day, the dollar volume was approximately $156.37 million. The shares have shown a positive weekly performance of 177.20% and its price on 08/31/20 gained nearly 10.55%. Currently, there are 8.02M common shares owned by the public and among those 2.54M shares have been available to trade.

    Auer Growth Fund owns 97000.0 shares of the company’s stock, all valued at over $0.17 million.

    Shares of VivoPower International PLC (NASDAQ: VVPR) opened at $7.85, down -$0.4 from a prior closing price of $8.25. However, the script later closed the day at $9.12, up 10.55%. The company’s stock has a 5-day price change of 177.20% and 814.29% over the past three months. VVPR shares are trading 768.57% year to date (YTD), with the 12-month market performance up to 598.74% higher. It has a 12-month low price of $0.59 and touched a high of $8.33 over the same period. Currently, 17.15 million shares have been traded, compared to an average intraday trading volume of 1.61 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 196.06%, 302.41%, and 584.75% respectively.

    Institutional ownership of VivoPower International PLC (NASDAQ: VVPR) shares accounts for 1.50% of the company’s 8.02M shares outstanding. Mutual fund holders own 0.73%, while other institutional holders and individual stakeholders account for 0.74% and — respectively.

    It has a market capitalization of $73.14M and a beta (3y monthly) value of 3.37. The earnings-per-share (ttm) stands at -$0.13. Price movements for the stock have been influenced by the stock’s volatility, which stands at 48.72% over the week and 24.39% over the month.

    Analysts forecast that VivoPower International PLC (VVPR) will achieve an EPS of $Invesco Senior Income Trust (D for the current quarter, $3.69 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $VAPORBRANDS INTL INC while analysts give the company a high EPS estimate of $VIPR. Comparatively, EPS for the current quarter was $Direxion S&P RC 1500 DRRC Volat a year ago.


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