Amphion Innovations (LON:AMP) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

Amphion Innovations Plc (LON:AMP – Get Free Report) passed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 2.40 and traded as low as GBX 1.80. Amphion Innovations shares last traded at GBX 1.93, with a volume of 303,146 shares traded.

Amphion Innovations Trading Down 4.6%

The firm has a market capitalization of £13.20 million and a PE ratio of -0.91. The company has a debt-to-equity ratio of 28.24, a current ratio of 1.09 and a quick ratio of 0.56. The company has a fifty day moving average of GBX 2.40 and a 200-day moving average of GBX 2.61.

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Amphion Innovations (LON:AMP – Get Free Report) last issued its earnings results on Wednesday, September 23rd. The company reported GBX (1) EPS for the quarter.

Insider Transactions at Amphion Innovations

In other news, insider John Anthony Clifford Woodley purchased 500,000 shares of Amphion Innovations stock in a transaction dated Monday, October 5th. The stock was acquired at an average cost of GBX 2 per share, for a total transaction of £10,000. Also, insider Duncan Black purchased 750,000 shares of Amphion Innovations stock in a transaction dated Thursday, October 1st. The shares were purchased at an average price of GBX 2 per share, with a total value of £15,000. 1.15% of the stock is owned by company insiders.

Amphion Innovations Company Profile

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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

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