Invinity Energy Systems (LON:IES) Hits New 1-Year Low at $23.00

Invinity Energy Systems plc (LON:IES)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 23 ($0.29) and last traded at GBX 23.93 ($0.30), with a volume of 208379 shares. The stock had previously closed at GBX 23.75 ($0.30).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 75 ($0.95) target price on shares of Invinity Energy Systems in a research note on Monday, February 26th.

Invinity Energy Systems Trading Up 0.7 %

The stock has a market cap of £45.71 million, a PE ratio of -169.64 and a beta of 2.40. The company has a quick ratio of 2.00, a current ratio of 2.51 and a debt-to-equity ratio of 2.94. The stock’s fifty day moving average price is GBX 25.35 and its 200 day moving average price is GBX 32.73.

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.