Companies

Insider Adam Howard Acquires 134,333 Shares of Invinity Energy Systems plc

Published December 31, 2024

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 (approximately $0.19) per share, totaling £20,149.95 (around $25,282.25).

Market Performance of Invinity Energy Systems

As of Tuesday, IES shares began trading at GBX 15.80 ($0.20). The company exhibits strong liquidity, with a current ratio of 6.96 and a quick ratio of 2.00. In terms of leverage, its debt-to-equity ratio stands at 2.28. Analyzing its stock performance, Invinity's 50-day moving average is GBX 14.46, while the 200-day moving average is GBX 16.57. Over the past year, the stock has seen a low of GBX 8.50 ($0.11) and a high of GBX 37 ($0.46), contributing to a market capitalization of £69.61 million. Currently, the company has a P/E ratio of -175.56 and a beta of 2.24, indicating higher volatility compared to the market.

Recent Analyst Insights

Several analysts have shared their perspectives on IES shares recently. Canaccord Genuity Group reiterated a "buy" rating with a target price of GBX 40 ($0.50) in a report issued on December 4th. This reflects a positive outlook for Invinity Energy Systems in the market.

About Invinity Energy Systems

Invinity Energy Systems plc specializes in manufacturing and selling vanadium flow batteries (VFB) that provide energy storage solutions in various global markets, including the United Kingdom, Canada, the United States, Australia, and China. The company caters to utilities, developers, and commercial sectors, as well as offering off-grid and microgrid battery solutions.

Invinity, Shares, Acquisition, Energy, Market