Invinity Energy Systems (LON:IES) Receives “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Invinity Energy Systems (LON:IESFree Report) in a research report released on Thursday, Marketbeat Ratings reports. They currently have a GBX 65 ($0.84) price target on the stock.

Invinity Energy Systems Stock Performance

Invinity Energy Systems stock opened at GBX 26 ($0.34) on Thursday. Invinity Energy Systems has a fifty-two week low of GBX 18.50 ($0.24) and a fifty-two week high of GBX 52 ($0.67). The firm’s fifty day moving average price is GBX 21.91 and its 200-day moving average price is GBX 24.05. The stock has a market cap of £114.55 million, a P/E ratio of -216.67 and a beta of 2.29. The company has a debt-to-equity ratio of 2.94, a quick ratio of 2.00 and a current ratio of 2.51.

Invinity Energy Systems Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Invinity Energy Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invinity Energy Systems and related companies with MarketBeat.com's FREE daily email newsletter.