Inventronics (CVE:IVX) Sets New 12-Month Low – What’s Next?

Inventronics Limited (CVE:IVXGet Free Report) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$0.56 and last traded at C$0.56, with a volume of 500 shares trading hands. The stock had previously closed at C$0.65.

Inventronics Stock Performance

The stock’s 50 day moving average is C$0.71 and its two-hundred day moving average is C$0.75. The stock has a market capitalization of C$2.82 million, a price-to-earnings ratio of -19.33 and a beta of 0.36. The company has a current ratio of 2.37, a quick ratio of 1.06 and a debt-to-equity ratio of 101.94.

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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