Vivopower International’s (VVPR) “Sell (D)” Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (d) rating on shares of Vivopower International (NASDAQ:VVPR) in a report issued on Friday morning,Weiss Ratings reports.

Vivopower International Stock Performance

NASDAQ VVPR opened at $4.92 on Friday. The company’s fifty day moving average is $5.04 and its two-hundred day moving average is $4.78. Vivopower International has a 52-week low of $0.62 and a 52-week high of $8.88.

Hedge Funds Weigh In On Vivopower International

Large investors have recently added to or reduced their stakes in the company. Legal & General Group Plc acquired a new stake in shares of Vivopower International during the 2nd quarter worth approximately $383,000. JPMorgan Chase & Co. bought a new position in Vivopower International in the second quarter worth $53,000. Finally, SBI Securities Co. Ltd. lifted its position in Vivopower International by 7,088.4% in the second quarter. SBI Securities Co. Ltd. now owns 11,789 shares of the company’s stock worth $48,000 after purchasing an additional 11,625 shares during the period. Institutional investors and hedge funds own 15.80% of the company’s stock.

Vivopower International Company Profile

VivoPower International PLC, together with its subsidiaries, operates as a sustainable energy solutions company in Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates. It operates through Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, and Solar Development segments.