Inventronics (CVE:IVX) Stock Price Up 4.7% – Here’s What Happened

Inventronics Limited (CVE:IVXGet Free Report) shares were up 4.7% during trading on Friday . The company traded as high as C$0.67 and last traded at C$0.67. Approximately 520 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 6,303 shares. The stock had previously closed at C$0.64.

Inventronics Stock Performance

The company has a fifty day moving average price of C$0.69 and a two-hundred day moving average price of C$0.71. The firm has a market cap of C$3.26 million, a price-to-earnings ratio of 29.13 and a beta of -0.41. The company has a debt-to-equity ratio of 78.28, a current ratio of 2.05 and a quick ratio of 1.06.

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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