Invinity Energy Systems (LON:IES) Reaches New 1-Year Low at $8.50

Invinity Energy Systems plc (LON:IES) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 8.50 ($0.11) and last traded at GBX 9 ($0.12), with a volume of 1461403 shares trading hands. The stock had previously closed at GBX 9.20 ($0.12).

Analyst Upgrades and Downgrades

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

Invinity Energy Systems Stock Down 2.2 %

The company has a market capitalization of £39.65 million, a P/E ratio of -70.62 and a beta of 2.23. The stock has a 50-day moving average price of GBX 20.21 and a 200-day moving average price of GBX 21.82. The company has a debt-to-equity ratio of 4.60, a current ratio of 2.00 and a quick ratio of 2.00.

About Invinity Energy Systems

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.