Inventronics (CVE:IVX) Shares Down 3.3% – Here’s Why

Shares of Inventronics Limited (CVE:IVXGet Free Report) were down 3.3% during trading on Monday . The company traded as low as C$0.58 and last traded at C$0.58. Approximately 6,500 shares traded hands during mid-day trading, an increase of 210% from the average daily volume of 2,099 shares. The stock had previously closed at C$0.60.

Inventronics Price Performance

The company has a 50-day moving average price of C$0.62 and a two-hundred day moving average price of C$0.70. The company has a market cap of C$2.92 million, a PE ratio of -108.25 and a beta of 0.36. The company has a debt-to-equity ratio of 91.63, a current ratio of 2.94 and a quick ratio of 1.06.

Inventronics Company Profile

(Get Free Report)

Inventronics Limited designs, manufactures, and sells protective enclosures and related products for the telecommunications, cable, electric transmission, oil and gas, and other industries in North America. The company offers CP Pedestal series for CATV distribution equipment; IVT BOBCAT co-locate cabinet series for broadband node locations supporting remote deployment of network electronics, including power supply, batteries, and RF components; SG pedestals for utility and communication industries; and MDU enclosure series for cable and telecom companies.

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