Inventronics (CVE:IVX) Shares Up 4.7% – Here’s What Happened

by · The Markets Daily

Shares of Inventronics Limited (CVE:IVX – Get Free Report) shot up 4.7% during trading on Friday . The stock traded as high as C$0.67 and last traded at C$0.67. Approximately 520 shares traded hands during trading, a decline of 92% from the average daily volume of 6,303 shares. The stock had previously closed at C$0.64.

Inventronics Price Performance

The company has a fifty day simple moving average of C$0.69 and a 200-day simple moving average of C$0.71. The company has a market cap of C$3.26 million, a P/E ratio of 29.13 and a beta of -0.41. The company has a debt-to-equity ratio of 78.28, a current ratio of 2.05 and a quick ratio of 1.06.

About Inventronics

(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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