Invinity Energy Systems plc (LON:IES) Insider Adam Howard Acquires 134,333 Shares

Invinity Energy Systems plc (LON:IES) insider Adam Howard bought 134,333 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The stock was acquired at an average price of GBX 15 ($0.19) per share, for a total transaction of £20,149.95 ($25,282.25).

Invinity Energy Systems Trading Up 12.7 %

IES stock opened at GBX 15.80 ($0.20) on Tuesday. 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 business’s 50 day moving average is GBX 14.46 and its 200-day moving average is GBX 16.57. Invinity Energy Systems plc has a 1-year low of GBX 8.50 ($0.11) and a 1-year high of GBX 37 ($0.46). The firm has a market cap of £69.61 million, a P/E ratio of -175.56 and a beta of 2.24.

Analyst Ratings Changes

Several research analysts have commented on IES shares. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 40 ($0.50) target price on shares of Invinity Energy Systems in a report on Wednesday, December 4th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 40 ($0.50) price target on shares of Invinity Energy Systems in a research report on Wednesday, December 4th.

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.