Invinity Energy Systems (LON:IES) Reaches New 12-Month Low – Should You Sell?

Invinity Energy Systems plc (LON:IES)’s stock price hit a new 52-week low on Friday. The company traded as low as GBX 9.50 and last traded at GBX 10, with a volume of 1,531,919 shares changing hands. The stock had previously closed at GBX 10.20.

Key Headlines Impacting Invinity Energy Systems

Investors following IES have been watching these headlines:

• Neutral Sentiment: The latest report flags a fall in Invinity shares but provides no specific news or explanation for the move. Invinity Energy Systems Shares Down 1.2% – Here’s What Happened
• Negative Sentiment: Trading context remains challenging: the shares are below their 50-day and 200-day moving averages and close to their 12-month low. The company has also reported losses, while its debt-to-equity ratio is elevated, factors that can weigh on investor confidence.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 60 target price on shares of Invinity Energy Systems in a report on Monday, September 21st. One research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, Invinity Energy Systems presently has an average rating of “Buy” and an average price target of GBX 60.

Invinity Energy Systems Stock Performance

The stock has a market capitalization of £56.96 million, a P/E ratio of -2.08 and a beta of 0.89. The stock has a 50 day moving average of GBX 16.62 and a 200 day moving average of GBX 21.46. The company has a debt-to-equity ratio of 3.86, a quick ratio of 2.00 and a current ratio of 2.81.

Invinity Energy Systems (LON:IES) last posted its earnings results on Monday, September 21st. The company reported GBX (2.10) earnings per share (EPS) for the quarter. Invinity Energy Systems had a negative net margin of 290.32% and a negative return on equity of 43.20%. Equities analysts predict that Invinity Energy Systems plc will post -9.40 EPS for the current year.

About Invinity Energy Systems

Invinity Energy Systems plc (AIM: IES) is a world-leading manufacturer of vanadium flow batteries for energy storage. Built in our factories in the UK and Canada, the Company’s proven, commercialised, longer duration energy storage technology has been deployed at scale and dispatched gigawatt-hours of electricity for customers across the world. Invinity’s safe, scalable and durable battery technology is a trusted and safer alternative to lithium-ion batteries. Endurium VFBs are engineered for heavy-duty, high throughput applications, they don’t wear out, cannot catch fire and are designed to be operated for 30 years or more.