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Why Vivopower International Is Trading Higher Today

December 23, 2020 11:02 am
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Why Vivopower International Is Trading Higher Today

The Price And Volume Action In Vivopower International's Stock Today

Vivopower International’s (NASDAQ:VVPR) stock has been rising Wednesday, up 29.65% to a price of $10.16. The stock’s volume is currently 8.53 million, which is roughly 735.75% of its recent 30-day volume average of 1.16 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Vivopower International shares are trading higher after the company announced that it proposed a $250 million Australian distribution agreement for Tembo light electric vehicles.

Further Analysis of Recent Price Action

The 50-day moving average price of Vivopower International’s stock was $8.02 when this article was published. The stock reached a high of $24.33 and a low of $0.59 in the past 52 weeks.

If you’re looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving’ alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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