Stocks

Invinity Energy Systems Insider Adam Howard Purchases 134,333 Shares

Published December 31, 2024

On December 31, 2024, it was reported that Adam Howard, an insider at Invinity Energy Systems plc (LON:IES), has made a significant acquisition of the company's shares. On December 27, Howard acquired a total of 134,333 shares, purchasing them at an average price of GBX 15 (approximately $0.19). The overall value of this transaction amounted to £20,149.95, or around $25,282.25.

Current Market Performance of Invinity Energy Systems

Following Howard’s transaction, Invinity Energy Systems' stock opened at GBX 15.80 ($0.20) on Tuesday. The company maintains a robust current ratio of 6.96, and a quick ratio of 2.00, indicating a strong liquidity position. Additionally, the debt-to-equity ratio stands at 2.28. The firm has a 50-day moving average share price of GBX 14.46, while the 200-day moving average is GBX 16.57. Over the past year, Invinity's stock has seen a low of GBX 8.50 ($0.11) and a high of GBX 37 ($0.46). Presently, it has a market capitalization of £69.61 million and a P/E ratio of -175.56, reflecting its current market dynamics with a beta of 2.24.

Analyst Opinions on Invinity Energy Systems

Invinity Energy Systems has drawn attention from several research analysts. Canaccord Genuity Group reinstated a “buy” rating for IES shares, suggesting a target price of GBX 40 ($0.50). This affirmation of a positive outlook was reiterated in their report dated December 4th, highlighting the analysts' confidence in the stock's future performance.

Overview of Invinity Energy Systems plc

Invinity Energy Systems plc operates in the energy sector, specifically focused on manufacturing and selling vanadium flow batteries (VFB), which are critical for energy storage solutions. Their services extend across various regions including the United Kingdom, Canada, the United States, Australia, and China. The company caters to a diverse range of clients by providing batteries for energy storage to utilities, developers, as well as commercial and industrial sectors, along with off-grid and microgrid applications.

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