Inventronics (CVE:IVX) Trading 2.3% Higher – Here’s What Happened

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

Inventronics Trading Up 2.3%

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

About Inventronics

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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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