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

Invinity Energy Systems plc (LON:IES)’s share price shot up 2.2% during trading on Monday . The stock traded as high as GBX 10 ($0.13) and last traded at GBX 9.38 ($0.12). 789,918 shares traded hands during trading, an increase of 14% from the average session volume of 690,040 shares. The stock had previously closed at GBX 9.17 ($0.12).

Analyst Ratings Changes

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

Invinity Energy Systems Trading Up 2.2 %

The stock has a 50 day simple moving average of GBX 19.66 and a 200-day simple moving average of GBX 21.65. The firm has a market capitalization of £41.30 million, a P/E ratio of -69.23 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.

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.