Noble Financial Begins Coverage on VivoPower PLC Ordinary Shares (NASDAQ:VIVO)

Stock analysts at Noble Financial started coverage on shares of VivoPower PLC Ordinary Shares (NASDAQ:VIVO) in a research report issued to clients and investors on Monday,Benzinga reports. The firm set an “outperform” rating and a $10.00 price target on the stock. Noble Financial’s price target points to a potential upside of 126.24% from the stock’s previous close.

Other analysts have also issued reports about the stock. Wall Street Zen upgraded shares of VivoPower PLC Ordinary Shares from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Weiss Ratings raised shares of VivoPower PLC Ordinary Shares from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, June 23rd. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, VivoPower PLC Ordinary Shares has a consensus rating of “Hold” and a consensus price target of $10.00.

VivoPower PLC Ordinary Shares Stock Down 15.5%

NASDAQ:VIVO traded down $0.81 on Monday, reaching $4.42. The company’s stock had a trading volume of 1,145,135 shares, compared to its average volume of 1,245,428. VivoPower PLC Ordinary Shares has a 12-month low of $1.20 and a 12-month high of $8.63. The company has a 50 day moving average of $4.85.

VivoPower PLC Ordinary Shares (NASDAQ:VIVO) last released its quarterly earnings results on Friday, June 26th. The company reported ($0.23) earnings per share for the quarter. The firm had revenue of $0.01 million during the quarter.

About VivoPower PLC Ordinary Shares

VivoPower PLC is engaged in building, owning, and leasing powered land and data center infrastructure for AI compute applications. The group delivers specialized infrastructure solutions across the AI Data Centers, Power-to-X, and Electric Mobility. It is develop and operated infrastructure that enables sovereign nations and institutional partners to secure control over power, data, and national intelligence, supporting AI, compute-intensive workloads, and energy transition use cases.