Inventronics (CVE:IVX) Trading Up 2.3% – Should You Buy?

Inventronics Limited (CVE:IVXGet Free Report) rose 2.3% on Friday . The company traded as high as C$0.88 and last traded at C$0.88. Approximately 880 shares traded hands during trading, a decline of 88% from the average daily volume of 7,168 shares. The stock had previously closed at C$0.86.

Inventronics Stock Performance

The stock has a market cap of C$4.29 million, a price-to-earnings ratio of 22.56 and a beta of -0.06. The company’s 50 day simple moving average is C$0.82 and its 200 day simple moving average is C$0.77. The company has a debt-to-equity ratio of 91.63, a quick ratio of 1.06 and a current ratio of 2.94.

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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