Invinity Energy Systems (LON:IES) Sets New 12-Month Low at $10.00

Invinity Energy Systems plc (LON:IES)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 10 ($0.13) and last traded at GBX 10.18 ($0.13), with a volume of 2501163 shares trading hands. The stock had previously closed at GBX 11 ($0.14).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 40 ($0.52) price objective on shares of Invinity Energy Systems in a research report on Monday.

Invinity Energy Systems Stock Performance

The company has a market cap of £40.53 million, a price-to-earnings ratio of -70.77 and a beta of 2.23. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 4.60. The stock’s 50 day moving average price is GBX 20.96 and its 200 day moving average price is GBX 22.26.

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.