Inventronics (CVE:IVX) Shares Down 2.7%

Inventronics Limited (CVE:IVX)’s share price dropped 2.7% on Friday . The stock traded as low as C$0.73 and last traded at C$0.73. Approximately 3,479 shares were traded during trading, a decline of 35% from the average daily volume of 5,327 shares. The stock had previously closed at C$0.75.

Inventronics Stock Performance

The firm has a market capitalization of C$3.56 million, a P/E ratio of 4.56 and a beta of 0.83. The company has a 50-day simple moving average of C$0.84 and a two-hundred day simple moving average of C$1.10. The company has a debt-to-equity ratio of 88.43, a quick ratio of 1.06 and a current ratio of 3.80.

Inventronics (CVE:IVX) last released its quarterly earnings results on Thursday, March 28th. The company reported C($0.04) earnings per share for the quarter. The firm had revenue of C$0.96 million for the quarter. Inventronics had a net margin of 7.69% and a return on equity of 29.68%.

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.