Invinity Energy Systems plc Insider Adam Howard Acquires 134,333 Shares
On December 27th, 2024, Adam Howard, an insider at Invinity Energy Systems plc (LON:IES), made a significant investment by purchasing 134,333 shares of the company's stock. The shares were bought at an average price of GBX 15, which is equivalent to approximately $0.19 per share. This transaction totaled around £20,149.95, or about $25,282.25.
Recent Stock Performance
As of Tuesday, the Invinity Energy Systems stock price opened at GBX 15.80, valued at roughly $0.20. The company is demonstrating solid financial health, with a current ratio of 6.96 and a quick ratio of 2.00. However, it has a notable debt-to-equity ratio of 2.28. For further analysis, the company’s 50-day moving average stands at GBX 14.46, while the 200-day moving average is set at GBX 16.57. Over the past year, the stock reached a low of GBX 8.50 ($0.11) and a high of GBX 37 ($0.46). Presently, Invinity Energy Systems plc boasts a market capitalization of £69.61 million. The price-to-earnings ratio is reported at -175.56, with a beta of 2.24, indicating higher volatility compared to the market.
Analyst Ratings Overview
Recent assessments from analysts highlight a generally positive outlook for Invinity Energy Systems. Canaccord Genuity Group reaffirmed a "buy" rating for the stock and set a target price of GBX 40, which is approximately $0.50. This rating was reiterated in a report published on December 4th, showcasing confidence in the company's future prospects.
About Invinity Energy Systems
Invinity Energy Systems plc specializes in manufacturing and marketing vanadium flow batteries (VFB) that provide advanced energy storage solutions. Their products are utilized in various markets, including the UK, Canada, the US, Australia, and China. The company serves utilities, developers, and various industrial segments with energy storage solutions applicable for off-grid and microgrid scenarios.
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