Inventronics (CVE:IVX) Stock Price Up 1.5% – What’s Next?

Inventronics Limited (CVE:IVX)’s share price was up 1.5% during mid-day trading on Tuesday . The company traded as high as C$0.69 and last traded at C$0.69. Approximately 1,000 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 5,202 shares. The stock had previously closed at C$0.68.

Inventronics Stock Performance

The company has a quick ratio of 1.06, a current ratio of 2.73 and a debt-to-equity ratio of 84.30. The company has a market capitalization of C$3.36 million, a PE ratio of 28.75 and a beta of 0.32. The stock’s fifty day simple moving average is C$0.70 and its 200-day simple moving average is C$0.77.

About Inventronics

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.