Inventronics (CVE:IVX) Trading Up 1.5% – Here’s What Happened

Inventronics Limited (CVE:IVX)’s stock price traded up 1.5% during mid-day trading on Tuesday . The stock traded as high as C$0.69 and last traded at C$0.69. 1,000 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 5,202 shares. The stock had previously closed at C$0.68.

Inventronics Price Performance

The company has a debt-to-equity ratio of 84.30, a current ratio of 2.73 and a quick ratio of 1.06. The company’s 50-day simple moving average is C$0.71 and its 200-day simple moving average is C$0.78. The company has a market cap of C$3.36 million, a price-to-earnings ratio of 28.75 and a beta of 0.32.

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.