Amphion Innovations (LON:AMP) Shares Up 3.9% – Here’s What Happened

Shares of Amphion Innovations Plc (LON:AMP) traded up 3.9% on Tuesday. The stock traded as high as GBX 1.60 and last traded at GBX 1.56. Approximately 1,206,912 shares changed hands during trading, an increase of 49% from the average session volume of 808,867 shares. The stock had previously closed at GBX 1.50.

Amphion Innovations Stock Performance

The stock has a 50-day moving average of GBX 2.06 and a 200-day moving average of GBX 2.60. The firm has a market cap of £11.36 million and a price-to-earnings ratio of -0.78. The company has a debt-to-equity ratio of 28.24, a quick ratio of 0.56 and a current ratio of 1.09.

Amphion Innovations (LON:AMP) last released its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (1) earnings per share for the quarter.

Insider Buying and Selling

In other Amphion Innovations news, insider John Anthony Clifford Woodley bought 500,000 shares of Amphion Innovations stock in a transaction that occurred on Monday, October 5th. The stock was acquired at an average price of GBX 2 per share, for a total transaction of £10,000. Also, insider Duncan Black bought 750,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The stock was acquired at an average cost of GBX 2 per share, with a total value of £15,000. 1.33% of the stock is owned by company insiders.

Amphion Innovations Company Profile

Ampeak Energy is a global developer, owner and operator of sustainable energy projects. Ampeak Energy owns the world’s flagship tidal stream project, MeyGen. Ampeak Energy is also the owner of the Uskmouth Power Station site that is being repurposed into a sustainable energy park, initially housing one of the UK’s largest battery energy storage projects. https://www.ampeak.energy