Amphion Innovations (LON:AMP) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Shares of Amphion Innovations Plc (LON:AMPGet Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 3.15 and traded as low as GBX 2.90. Amphion Innovations shares last traded at GBX 3.20, with a volume of 152,862 shares.

Amphion Innovations Price Performance

The company has a current ratio of 1.09, a quick ratio of 0.56 and a debt-to-equity ratio of 28.24. The firm has a market capitalization of £23.13 million and a price-to-earnings ratio of -1.07. The company’s 50 day moving average is GBX 3.15.

About Amphion Innovations

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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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