Inventronics (CVE:IVX) Reaches New 52-Week Low – Time to Sell?

Inventronics Limited (CVE:IVX)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.56 and last traded at C$0.56, with a volume of 500 shares changing hands. The stock had previously closed at C$0.65.

Inventronics Price Performance

The business has a fifty day moving average of C$0.71 and a 200 day moving average of C$0.75. The firm has a market cap of C$2.82 million, a P/E ratio of -19.33 and a beta of 0.36. The company has a quick ratio of 1.06, a current ratio of 2.37 and a debt-to-equity ratio of 101.94.

Inventronics Company Profile

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.