VivoPower International PLC (NASDAQ:VVPR) shares, rose in value, with the stock price up by 21.13% to the previous day’s close as strong demand from buyers drove the stock to $4.30.
Actively observing the price movement in the recent trading, the stock is buoying the session at $3.55. Referring to stock’s 52-week performance, its high was $6.66, and the low was $0.62. On the whole, VVPR has fluctuated by 29.13% over the past month.
With the market capitalization of VivoPower International PLC currently standing at about $19.09 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VVPR’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of VVPR currently trading nearly 36.05% and 71.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.98, while the 7-day volatility ratio is showing 10.79% which for the 30-day chart, stands at 13.33%. Furthermore, VivoPower International PLC (VVPR)’s beta value is 1.02, and its average true range (ATR) is 0.47.
A comparison of VivoPower International PLC (VVPR) with its peers suggests the former has fared considerably weaker in the market. VVPR showed an intraday change of 21.13% in today’s session so far, and over the past year, it grew by 22.86%%.
Data on historical trading for VivoPower International PLC (NASDAQ:VVPR) indicates that the trading volumes over the past 3 months, they’ve averaged 5.82 million. According to company’s latest data on outstanding shares, there are 13.56 million shares outstanding.
Nearly 54.24% of VivoPower International PLC’s shares belong to company insiders and institutional investors own 4.50% of the company’s shares. The stock has risen by 223.31% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VVPR stock heading into the next quarter.
