Inventronics (CVE:IVX) Hits New 52-Week Low – What’s Next?
by Kim Johansen · The Markets DailyInventronics Limited (CVE:IVX – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.44 and last traded at C$0.47, with a volume of 500 shares traded. The stock had previously closed at C$0.58.
Inventronics Price Performance
The business has a fifty day moving average price of C$0.58 and a 200 day moving average price of C$0.65. The company has a debt-to-equity ratio of 91.63, a current ratio of 2.94 and a quick ratio of 1.06. The company has a market capitalization of C$2.87 million, a price-to-earnings ratio of -106.44 and a beta of 0.36.
About Inventronics
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.
Featured Stories
- Five stocks we like better than Inventronics
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- Shares of RH Down Nearly 40%: Where Investors Can Turn To Now
- What Are the FAANG Stocks and Are They Good Investments?
- Tariffs, Spin-Out, and R2 Updates Are Positive Signs for Rivian
- What is a Death Cross in Stocks?
- Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy?