Inventronics (CVE:IVX) Hits New 1-Year Low – Here’s Why

Inventronics Limited (CVE:IVXGet Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.53 and last traded at C$0.70, with a volume of 2900 shares. The stock had previously closed at C$0.70.

Inventronics Price Performance

The firm’s 50 day moving average is C$0.69 and its 200-day moving average is C$0.76. The firm has a market cap of C$3.41 million, a PE ratio of 29.17 and a beta of 0.01. The company has a quick ratio of 1.06, a current ratio of 2.73 and a debt-to-equity ratio of 84.30.

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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