Inventronics (CVE:IVX) Reaches New 1-Year Low – Here’s What Happened

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$0.54 and last traded at C$0.54, with a volume of 1000 shares. The stock had previously closed at C$0.58.

Inventronics Stock Performance

The stock has a 50 day moving average of C$0.61 and a 200 day moving average of C$0.68. The company has a market capitalization of C$2.63 million, a price-to-earnings ratio of -97.42 and a beta of 0.36. The company has a quick ratio of 1.06, a current ratio of 2.94 and a debt-to-equity ratio of 91.63.

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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