VivoPower International PLC (VVPR) looking to reclaim success with recent performance

VivoPower International PLC (NASDAQ: VVPR) stock jumped 2.94% on Monday to $0.35 against a previous-day closing price of $0.34. With 0.42 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.31 million shares. During the session, the Solar company that operates in wider Technology sector, reached to the highest price of $0.3670 whereas the lowest price it dropped to was $0.3310. The 52-week range on VVPR shows that it touched its highest point at $2.89 and its lowest point at $0.23 during that stretch. It currently has a 1-year price target of $5.00. Beta for the stock currently stands at 3.35.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VVPR was up-trending over the past week, with a rise of 22.38%, but this was up by 25.27% over a month. Three-month performance dropped to -40.68% while six-month performance fell -72.00%. The stock lost -85.83% in the past year, while it has gained 42.10% so far this year.

Float and Shares Shorts:

At present, 20.97 million VVPR shares are outstanding with a float of 11.37 million shares on hand for trading. On Dec 29, 2022, short shares totaled 0.49 million, which was 2.06% higher than short shares on Nov 29, 2022. In addition to Mr. Tser Fah Chin as the firm’s Exec. Chairman & CEO, Mr. James Tindal-Robertson serves as its Group Fin. Director.

Institutional Ownership:

Through their ownership of 7.26% of VVPR’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 7.14% of VVPR, in contrast to 0.12% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in VVPR with 6.01% of the stake, Armistice Capital LLC holds 1,421,759 shares worth 1,421,759. A second-largest stockholder of VVPR, Renaissance Technologies LLC, holds 78,063 shares, controlling over 0.33% of the firm’s shares. Citadel Securities LLC is the third largest shareholder in VVPR, holding 66,731 shares or 0.28% stake. With a 0.12% stake in VVPR, the Fidelity Nasdaq Composite Index F is the largest stakeholder. A total of 27,588 shares are owned by the mutual fund manager. The Carbon Collective Climate Solutio, which owns about 0.00% of VVPR stock, is the second-largest Mutual Fund holder. It holds 400 shares valued at 98.0.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. Over the past year, revenue came in at $22.45M while operating income stood at -$14.04M. EBITDA for the full year was -$12.25M.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VVPR since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With VVPR analysts setting a high price target of $5.00 and a low target of $5.00, the average target price over the next 12 months is $5.00. Based on these targets, VVPR could surge 1328.57% to reach the target high and rise by 1328.57% to reach the target low. Reaching the average price target will result in a growth of 1328.57% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. VVPR will report FY 2022 earnings on 08/28/2023. Analysts have provided yearly estimates in a range of -$0.89 being high and -$0.89 being low. For VVPR, this leads to a yearly average estimate of -$0.89. Based on analyst estimates, the high estimate for the next quarter is -$0.19 and the low estimate is -$0.19. The average estimate for the next quarter is thus -$0.19.

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