Amphion Innovations (LON:AMP) Shares Climb 3.9% – Time to Buy?

Amphion Innovations Plc (LON:AMP)’s stock price rose 3.9% on Tuesday. The company traded as high as GBX 1.60 and last traded at GBX 1.56. Approximately 1,206,912 shares traded hands during mid-day trading, an increase of 49% from the average daily volume of 808,867 shares. The stock had previously closed at GBX 1.50.

Amphion Innovations Stock Down 13.7%

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 firm has a 50 day simple moving average of GBX 2.04 and a 200-day simple moving average of GBX 2.59. The stock has a market capitalization of £10.69 million and a price-to-earnings ratio of -0.73.

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

Insider Transactions at Amphion Innovations

In other news, insider John Anthony Clifford Woodley purchased 500,000 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The stock was purchased at an average cost of GBX 2 per share, with a total value of £10,000. Also, insider Duncan Black purchased 750,000 shares of Amphion Innovations stock in a transaction on Thursday, October 1st. The stock was purchased at an average price of GBX 2 per share, for a total transaction of £15,000. Company insiders own 1.33% of the company’s stock.

About Amphion Innovations

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