Shares of Invinity Energy Systems plc (LON:IES - Get Free Report) were up 13.1% on Monday . The stock traded as high as GBX 18 ($0.23) and last traded at GBX 18 ($0.23). Approximately 1,238,290 shares traded hands during trading, an increase of 66% from the average daily volume of 745,757 shares. The stock had previously closed at GBX 15.91 ($0.21).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 40 ($0.52) target price on shares of Invinity Energy Systems in a report on Monday, September 9th.
Check Out Our Latest Stock Analysis on Invinity Energy Systems
Invinity Energy Systems Stock Performance
The stock has a market cap of £79.30 million, a P/E ratio of -200.00 and a beta of 2.24. The company has a current ratio of 6.96, a quick ratio of 2.00 and a debt-to-equity ratio of 2.28. The stock has a 50 day simple moving average of GBX 12.42 and a 200 day simple moving average of GBX 18.91.
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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