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

Amphion Innovations Plc (LON:AMPGet Free Report)’s share price 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 changed hands during mid-day 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 Stock Performance

The company has a market cap of £19.60 million and a P/E ratio of -0.90. 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 stock has a 50 day moving average of GBX 2.40.

Insider Activity at Amphion Innovations

In other news, insider Duncan Black bought 750,000 shares of the business’s stock in a transaction that occurred on Friday, September 26th. The shares were purchased at an average cost of GBX 2 per share, with a total value of £15,000. Insiders own 1.12% of the company’s stock.

About Amphion Innovations

(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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