Inventronics (CVE:IVX) Stock Price Down 21.3% – What’s Next?

Inventronics Limited (CVE:IVXGet Free Report)’s stock price traded down 21.3% during trading on Friday . The company traded as low as C$0.59 and last traded at C$0.59. 5,000 shares changed hands during trading, a decline of 18% from the average daily volume of 6,133 shares. The stock had previously closed at C$0.75.

Inventronics Stock Down 21.3%

The company’s fifty day simple moving average is C$0.72 and its 200-day simple moving average is C$0.72. The company has a debt-to-equity ratio of 84.30, a current ratio of 2.73 and a quick ratio of 1.06. The firm has a market capitalization of C$2.87 million, a PE ratio of 24.58 and a beta of -0.04.

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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