VivoPower International ( (VVPR) ) has shared an update.
VivoPower International PLC announced an update regarding a proportional takeover offer from Energi Holdings Limited, which proposes a partial buyout allowing shareholders to sell 8 out of every 10 shares they hold. The offer, subject to due diligence, values the company at US$180 million minus net debt, divided by the number of eligible shares, and is aimed at addressing shareholder queries about the proposal.
Spark’s Take on VVPR Stock
According to Spark, TipRanks’ AI Analyst, VVPR is a Underperform.
VivoPower International’s overall stock score is low due to severe financial distress, including declining revenues, persistent losses, and high leverage. Technical analysis offers some optimism with upward momentum, but overbought conditions present risks. The valuation remains unattractive, highlighted by the negative P/E ratio. Immediate strategic changes are crucial for financial recovery.
To see Spark’s full report on VVPR stock, click here.
More about VivoPower International
Established in 2014 and listed on Nasdaq since 2016, VivoPower International PLC is a global sustainable energy solutions company focused on electric solutions for off-road and on-road fleet applications. The company provides turnkey decarbonisation solutions, including ancillary financing, charging, battery, and microgrid solutions, with operations in multiple countries including Australia, Canada, the Netherlands, the UK, the US, the Philippines, and the UAE.
YTD Price Performance: 125.53%
Average Trading Volume: 5,836,166
Technical Sentiment Signal: Sell
Current Market Cap: $14.12M
Find detailed analytics on VVPR stock on TipRanks’ Stock Analysis page.