Invinity Energy Systems (LON:IES) Stock Price Up 4.9%

Invinity Energy Systems plc (LON:IES) rose 4.9% during trading on Thursday . The company traded as high as GBX 21.60 ($0.28) and last traded at GBX 21.50 ($0.28). Approximately 168,773 shares changed hands during trading, a decline of 71% from the average daily volume of 581,378 shares. The stock had previously closed at GBX 20.50 ($0.27).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 65 ($0.84) price target on shares of Invinity Energy Systems in a report on Thursday, July 25th.

Invinity Energy Systems Trading Up 4.9 %

The business’s fifty day moving average is GBX 21.73 and its 200-day moving average is GBX 23. The stock has a market capitalization of £94.72 million, a PE ratio of -165.38 and a beta of 2.27. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 4.60.

Invinity Energy Systems Company Profile

Invinity Energy Systems plc manufactures and sells vanadium flow batteries (VFB) for energy storage solutions in the United Kingdom, Canada, the United States, Australia, and China. It also offers electric related services. The company provides batteries for energy storage for utilities and developers, commercial and industrial, and off-grid and microgrid applications.