Inventronics (CVE:IVX) Stock Price Down 11.8% – Here’s Why

by · The Cerbat Gem

Inventronics Limited (CVE:IVX – Get Free Report) shares traded down 11.8% during trading on Monday . The company traded as low as C$0.59 and last traded at C$0.60. 1,500 shares traded hands during trading, a decline of 14% from the average session volume of 1,750 shares. The stock had previously closed at C$0.68.

Inventronics Trading Down 11.8 %

The stock has a market cap of C$2.92 million, a P/E ratio of -20.00 and a beta of 0.36. The business’s 50 day simple moving average is C$0.67 and its 200 day simple moving average is C$0.74. The company has a debt-to-equity ratio of 101.94, a current ratio of 2.37 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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