Invinity Energy Systems (LON:IES) share price rose 7.4%

Invinity Energy Systems plc (LON:IES – Get Free Report ) traded up 7.4% on Tuesday. The company traded as high as GBX 10.48 ($0.14) and last traded at GBX 10.25 ($0.14). 886,047 shares changed hands during trading, up 25% from the session’s average volume of 710,223 shares. The stock had previously closed at GBX 9.54 ($0.13).

Analysts set new price targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 40 ($0.54) price objective on shares of Invinity Energy Systems in a research note on Monday, September 9th.

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Invinity Energy Systems trading up 7.4%

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 firm has a market cap of £45.16 million, a price-to-earnings ratio of -113.83 and a beta of 2.23. The company’s 50-day moving average price is GBX 17.91, and its 200-day moving average price is GBX 21.02.

Invinity Energy Systems Company Profile

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Invinity Energy Systems plc manufactures and sells vanadium flow batteries (VFBs) for energy storage solutions in the United Kingdom, Canada, the United States, Australia and China. It also offers electricity related services. The company provides energy storage batteries for utilities and developers, commercial and industrial applications, and off-grid and microgrid applications.

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