Companies

Insider Purchase at Invinity Energy Systems plc: Adam Howard Acquires 134,333 Shares

Published December 31, 2024

On December 27th, 2024, Adam Howard, an insider at Invinity Energy Systems plc (LON:IES), made a significant purchase of 134,333 shares in the company. He bought the shares at an average price of GBX 15, which is approximately $0.19, amounting to a total investment of £20,149.95, or about $25,282.25.

Stock Performance of Invinity Energy Systems

The shares of IES opened on Tuesday at GBX 15.80, translating to roughly $0.20. The company boasts a current ratio of 6.96, indicating a strong liquidity position, alongside a quick ratio of 2.00. However, its debt-to-equity ratio stands at 2.28, suggesting higher leverage. The stock’s 50-day moving average is around GBX 14.46, with a 200-day moving average of GBX 16.57. Over the last year, shares have fluctuated between a low of GBX 8.50 and a high of GBX 37, reflecting the volatility in the market. The market capitalization of Invinity Energy Systems is approximately £69.61 million, with a P/E ratio of -175.56 and a beta of 2.24, indicating greater volatility compared to the market.

Analyst Insights

Multiple research analysts have reviewed the performance of IES shares recently. On December 4th, Canaccord Genuity Group reiterated a “buy” rating for Invinity Energy Systems and set a target price of GBX 40, which is around $0.50, indicating optimism concerning the company's future performance.

Company Overview

Invinity Energy Systems plc specializes in manufacturing and selling vanadium flow batteries (VFB), which are used for energy storage solutions. The company's operations span across the United Kingdom, Canada, the United States, Australia, and China. It provides energy storage solutions for utilities, developers, commercial and industrial users, as well as off-grid and microgrid applications.

Invinity, Energy, Stocks