Invinity Energy Systems’ (IES) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Invinity Energy Systems (LON:IES) in a research report report published on Monday, Marketbeat Ratings reports. The firm currently has a GBX 60 price target on the stock.

Invinity Energy Systems Trading Up 0.2%

LON IES opened at GBX 22.05 on Monday. The business has a 50 day simple moving average of GBX 29.68 and a 200 day simple moving average of GBX 22.98. Invinity Energy Systems has a one year low of GBX 15.50 and a one year high of GBX 40.50. The stock has a market capitalization of £125.42 million, a P/E ratio of -4.32 and a beta of 0.99. The company has a debt-to-equity ratio of 3.00, a current ratio of 3.81 and a quick ratio of 2.00.

Invinity Energy Systems (LON:IES) last issued its earnings results on Monday, June 1st. The company reported GBX (5.10) earnings per share for the quarter. The business had revenue of GBX 818 million during the quarter. Invinity Energy Systems had a negative return on equity of 39.44% and a negative net margin of 294.48%. Research analysts expect that Invinity Energy Systems will post -9.3999995 earnings per share for the current year.

Trending Headlines about Invinity Energy Systems

Here are the key news stories impacting Invinity Energy Systems this week:

• Positive Sentiment: Canaccord Genuity reaffirmed its “Buy” rating on Invinity Energy Systems. The unchanged bullish view supports investor confidence in the company’s vanadium flow battery opportunity and may help stabilize sentiment around the shares. Canaccord Genuity Group Reaffirms Buy Rating for Invinity Energy Systems
• Positive Sentiment: Invinity reported that its global vanadium flow battery fleet has surpassed 10 GWh of cumulative energy throughput. The milestone provides evidence of operating deployment and real-world system performance, strengthening the company’s commercial credibility as it seeks further orders and broader adoption of long-duration energy storage. Invinity Passes 10 GWh Milestone for Vanadium Flow Battery Fleet
• Neutral Sentiment: The company updated its share capital following the exercise of employee options. The update is primarily administrative, but the issuance of additional shares can modestly increase dilution for existing shareholders. The impact is likely limited unless the number of shares issued is material relative to Invinity’s approximately £125 million market capitalization. Invinity Updates Share Capital After Employee Option Exercise

Invinity Energy Systems Company Profile

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.