Inventronics (CVE:IVX) Shares Down 2.7%

Inventronics Limited (CVE:IVX) fell 2.7% on Friday . The company traded as low as C$0.73 and last traded at C$0.73. 3,479 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 5,327 shares. The stock had previously closed at C$0.75.

Inventronics Stock Performance

The company has a market capitalization of C$3.56 million, a price-to-earnings ratio of 4.56 and a beta of 0.83. The stock has a fifty day moving average price of C$0.83 and a two-hundred day moving average price of C$1.09. The company has a quick ratio of 1.06, a current ratio of 3.80 and a debt-to-equity ratio of 88.43.

Inventronics (CVE:IVX) last released its earnings results on Thursday, March 28th. The company reported C($0.04) EPS for the quarter. The business had revenue of C$0.96 million during the quarter. Inventronics had a net margin of 7.69% and a return on equity of 29.68%.

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.