Invinity Energy Systems plc (LON:IES - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 29 ($0.39) and last traded at GBX 28.33 ($0.38), with a volume of 972315 shares traded. The stock had previously closed at GBX 27.59 ($0.37).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 40 ($0.54) price target on shares of Invinity Energy Systems in a research report on Friday, May 30th.
Get Our Latest Analysis on Invinity Energy Systems
Invinity Energy Systems Stock Up 0.5%
The company has a current ratio of 6.96, a quick ratio of 2.00 and a debt-to-equity ratio of 0.87. The stock has a market cap of £118.64 million, a P/E ratio of -3.12 and a beta of 2.24. The firm has a 50-day simple moving average of GBX 19.11 and a two-hundred day simple moving average of GBX 14.67.
Invinity Energy Systems (LON:IES - Get Free Report) last posted its quarterly earnings data on Friday, May 30th. The company reported GBX (6.70) (($0.09)) earnings per share for the quarter. Invinity Energy Systems had a negative return on equity of 37.72% and a negative net margin of 237.38%. Equities research analysts expect that Invinity Energy Systems plc will post -9.3999995 earnings per share for the current fiscal year.
About Invinity Energy Systems
(
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Invinity Energy Systems plc is a global manufacturer of vanadium flow batteries (VFB), a leading alternative to lithium-ion technology. Ideally placed to address the substantial demand for long-duration utility-grade stationary energy storage solutions, Invinity has deployed its modular battery systems across 82 sites in 15 countries, more than any other company in the space.
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