Inventronics (CVE:IVX) Reaches New 52-Week High – Should You Buy?

Shares of Inventronics Limited (CVE:IVX) hit a new 52-week high during trading on Monday . The company traded as high as C$0.89 and last traded at C$0.89, with a volume of 5031 shares traded. The stock had previously closed at C$0.84.

Inventronics Price Performance

The firm has a market cap of C$4.34 million, a price-to-earnings ratio of 22.82 and a beta of 0.46. The company’s fifty day moving average is C$0.82 and its 200 day moving average is C$0.78. The company has a quick ratio of 1.06, a current ratio of 2.94 and a debt-to-equity ratio of 91.63.

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.