Invinity Energy Systems (LON:IES) Shares Up 9.3%

Invinity Energy Systems plc (LON:IES – Get Rating)’s share price shot up 9.3% during mid-day trading on Tuesday . The company traded as high as GBX 25 ($0.29) and last traded at GBX 24.60 ($0.28). 424,558 shares traded hands during mid-day trading, an increase of 52% from the average session volume of 280,006 shares. The stock had previously closed at GBX 22.50 ($0.26).
Invinity Energy Systems Stock Performance
The company has a quick ratio of 2.00, a current ratio of 2.70 and a debt-to-equity ratio of 1.50. The company has a market capitalization of £28.55 million and a PE ratio of -0.70. The stock’s fifty day simple moving average is GBX 31.04 and its 200-day simple moving average is GBX 46.71.
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. The company also develops electricity grids, as well as offers electric grid services. It provides batteries for energy storage for utilities and developers, commercial and industrial, and off-grid and microgrid applications.