Amphion Innovations (LON:AMP) Shares Up 20% – Here’s What Happened

Amphion Innovations Plc (LON:AMPGet Free Report) was up 20% during trading on Friday . The stock traded as high as GBX 2.94 and last traded at GBX 2.94. Approximately 1,081,878 shares were traded during trading, a decline of 65% from the average daily volume of 3,084,351 shares. The stock had previously closed at GBX 2.45.

Amphion Innovations Trading Up 10.7%

The firm has a market capitalization of £19.60 million and a price-to-earnings ratio of -0.90. The company’s fifty day simple moving average is GBX 2.40. The company has a quick ratio of 0.56, a current ratio of 1.09 and a debt-to-equity ratio of 28.24.

Insiders Place Their Bets

In related news, insider Duncan Black acquired 750,000 shares of Amphion Innovations stock in a transaction on Friday, September 26th. The stock was acquired at an average price of GBX 2 per share, for a total transaction of £15,000. Corporate insiders own 1.12% of the company’s stock.

Amphion Innovations Company Profile

(Get Free Report)

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.

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