Insider Acquisition at Invinity Energy Systems plc

On December 27th, 2024, Adam Howard, an insider at Invinity Energy Systems plc (LON:IES), purchased 134,333 shares of the company’s stock. This acquisition was made at an average price of GBX 15 ($0.19) per share, bringing the total investment amount to £20,149.95 ($25,282.25).

Recent Stock Performance

As of Tuesday, IES shares opened at GBX 15.80 ($0.20), marking a 12.7% increase from previous levels. The company holds a current ratio of 6.96 and a quick ratio of 2.00, indicating good short-term financial health. The debt-to-equity ratio stands at 2.28, which suggests some leverage, while the 50-day moving average is GBX 14.46, and the 200-day moving average is GBX 16.57. Over the past year, Invinity Energy Systems has seen a low of GBX 8.50 ($0.11) and a high of GBX 37 ($0.46), with a market capitalization of approximately £69.61 million. The company currently displays a negative P/E ratio of -175.56, and a beta of 2.24 indicates higher volatility compared to the broader market.

Analyst Insights

Analysts have been optimistic about IES's performance. Canaccord Genuity Group recently reaffirmed a "buy" rating for Invinity Energy Systems, setting a target price of GBX 40 ($0.50) for the shares.

Company Overview

Invinity Energy Systems plc specializes in manufacturing and selling vanadium flow batteries (VFB) for energy storage solutions across various countries, including the United Kingdom, Canada, the United States, Australia, and China. The company provides energy storage systems for utilities, developers, and commercial sectors, as well as solutions for off-grid and microgrid applications.

Invinity, Stock, Acquisition