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

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

Analyst Upgrades and Downgrades

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

Invinity Energy Systems Stock Performance

The stock has a market capitalization of £38.99 million, a price-to-earnings ratio of -68.46 and a beta of 2.23. The company has a debt-to-equity ratio of 4.60, a current ratio of 2.00 and a quick ratio of 2.00. The stock has a 50-day moving average of GBX 19.66 and a 200 day moving average of GBX 21.65.

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.