Amphion Innovations (LON:AMP) Trading Up 12% – Here’s Why

Amphion Innovations Plc (LON:AMPGet Free Report) was up 12% on Wednesday . The stock traded as high as GBX 3.50 and last traded at GBX 3.50. Approximately 1,056,692 shares traded hands during trading, a decline of 64% from the average daily volume of 2,945,276 shares. The stock had previously closed at GBX 3.13.

Amphion Innovations Stock Performance

The stock has a market capitalization of £23.56 million and a PE ratio of -1.09. The company’s 50-day moving average price is GBX 2.47. The company has a debt-to-equity ratio of 28.24, a current ratio of 1.09 and a quick ratio of 0.56.

Insider Buying and Selling at Amphion Innovations

In related news, insider Duncan Black purchased 750,000 shares of the company’s stock in a transaction that occurred on Friday, September 26th. The stock was purchased at an average price of GBX 2 per share, with a total value of £15,000. 1.12% of the stock is currently owned by corporate insiders.

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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