VivoPower PLC Ordinary Shares Target of Unusually Large Options Trading (NASDAQ:VIVO)

VivoPower PLC Ordinary Shares (NASDAQ:VIVO) saw unusually large options trading activity on Tuesday. Investors bought 8,621 call options on the company. This represents an increase of approximately 321% compared to the average daily volume of 2,050 call options.

VivoPower PLC Ordinary Shares Stock Performance

VivoPower PLC Ordinary Shares stock traded up $0.16 during midday trading on Tuesday, reaching $3.95. The company’s stock had a trading volume of 517,404 shares, compared to its average volume of 1,229,297. VivoPower PLC Ordinary Shares has a fifty-two week low of $1.20 and a fifty-two week high of $7.20. The company’s 50 day simple moving average is $4.98.

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

Analyst Upgrades and Downgrades

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

About VivoPower PLC Ordinary Shares

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.