Inventronics (CVE:IVX) Shares Up 7.4% – Here’s What Happened

Inventronics Limited (CVE:IVX)’s share price rose 7.4% during mid-day trading on Monday. The stock traded as high as C$0.73 and last traded at C$0.73. Approximately 700 shares were traded during mid-day trading, a decline of 88% from the average session volume of 5,989 shares. The stock had previously closed at C$0.68.

Inventronics Stock Up 7.4%

The company has a debt-to-equity ratio of 78.28, a quick ratio of 1.06 and a current ratio of 2.05. The company’s fifty day moving average price is C$0.68 and its 200-day moving average price is C$0.69. The stock has a market cap of C$3.56 million, a P/E ratio of 31.74 and a beta of -0.95.

Inventronics Company Profile

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.