Invinity Energy Systems plc (LON:IES - Get Free Report)'s share price was up 10.4% during trading on Tuesday . The stock traded as high as GBX 14.50 ($0.19) and last traded at GBX 14.35 ($0.19). Approximately 978,207 shares traded hands during mid-day trading, an increase of 38% from the average daily volume of 709,560 shares. The stock had previously closed at GBX 13 ($0.17).
Wall Street Analysts Forecast Growth
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 note on Monday, September 9th.
Read Our Latest Report on IES
Invinity Energy Systems Stock Up 11.5 %
The stock has a 50-day moving average of GBX 12.79 and a 200 day moving average of GBX 19.07. The company has a market capitalization of £63.88 million, a PE ratio of -161.11 and a beta of 2.24. The company has a quick ratio of 2.00, a current ratio of 6.96 and a debt-to-equity ratio of 2.28.
About Invinity Energy Systems
(
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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.
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