Inventronics (CVE:IVX) Hits New 52-Week Low – What’s Next?

by · The Markets Daily

Inventronics Limited (CVE:IVXGet 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

(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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