Look Past The Setbacks And Give VivoPower International PLC (NASDAQ: VVPR) Another Chance

VivoPower International PLC (NASDAQ:VVPR) currently has a daily average trading volume of 5.80M but it saw 4507236 shares traded in last market. With a market cap of 16.60M USD, the company’s current market price of $3.74 came falling about -4.10 while comparing to the previous closing price of $3.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.90 and as low as $0.62. In the recent trading on the day, stock has struck highest price mark of $3.2117 while lowest mark touched by it was $4.74.

Taking a look at 20-day trading activity of VivoPower International PLC (VVPR) gives us an average price of $1.92, while its current price level is -62.22% below from 52-week high level whereas it is 504.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.32 while that of 200 days or SMA-200 reads an average of $1.48. A closer look into the stock’s movement over the week reveals that its volatility is standing at 33.97% during that period while stretching the period over a month that increases to 37.78%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 71.09 which implies that the stock is in overbought territory.

Over the week, VVPR’s stock price is moving -10.53% down while it is 445.91% when we observe its performance for the past one month. Year-to-date it is 181.20% up and over the past year, the stock is showing an upside performance of 157.93%.

The company is expected to be releasing its next quarterly report on 2023-Oct-01, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, VivoPower International PLC’s total number of outstanding shares is 13.56M with 22.88% of that held by the insiders while 4.62% of its common stock has been owned by the institutions. Stock’s beta reads 1.02. Stock has a price to sale or P/S ratio amounts to 2.79. Its return on asset (ROA) is -46.61% on average.