Amphion Innovations (LON:AMP) Shares Down 5.8% – What’s Next?

Amphion Innovations Plc (LON:AMP)’s share price dropped 5.8% on Tuesday. The stock traded as low as GBX 1.66 and last traded at GBX 1.79. Approximately 3,617,886 shares were traded during trading, an increase of 368% from the average session volume of 773,213 shares. The stock had previously closed at GBX 1.90.

Amphion Innovations Stock Performance

The company has a market cap of £13.03 million and a P/E ratio of -0.89. The company has a quick ratio of 0.56, a current ratio of 1.09 and a debt-to-equity ratio of 28.24. The company has a 50 day moving average price of GBX 2.37 and a 200-day moving average price of GBX 2.58.

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

Insider Buying and Selling at Amphion Innovations

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