Inventronics (CVE:IVX) Sets New 12-Month Low – Should You Sell?

Inventronics Limited (CVE:IVXGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.61 and last traded at C$0.75, with a volume of 1524 shares traded. The stock had previously closed at C$0.70.

Inventronics Stock Up 7.1%

The company’s fifty day moving average price is C$0.69 and its 200-day moving average price is C$0.76. The stock has a market cap of C$3.65 million, a P/E ratio of 31.25 and a beta of 0.01. The company has a debt-to-equity ratio of 84.30, a quick ratio of 1.06 and a current ratio of 2.73.

About Inventronics

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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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