Invinity Energy Systems (LON:IES) Shares Up 2.2%

Invinity Energy Systems plc (LON:IES) rose 2.2% during trading on Monday . The company traded as high as GBX 10 ($0.13) and last traded at GBX 9.38 ($0.12). Approximately 789,918 shares traded hands during mid-day trading, an increase of 14% from the average daily volume of 690,040 shares. The stock had previously closed at GBX 9.17 ($0.12).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 40 ($0.53) price target on shares of Invinity Energy Systems in a report on Monday, September 9th.

Invinity Energy Systems Stock Up 2.2 %

The firm has a market capitalization of £41.30 million, a PE ratio of -69.23 and a beta of 2.23. The company has a fifty day moving average price of GBX 19.66 and a 200-day moving average price of GBX 21.65. The company has a debt-to-equity ratio of 4.60, a quick ratio of 2.00 and a current ratio of 2.00.

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.