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

Inventronics Limited (CVE:IVX) was up 1.5% during trading on Tuesday . The company traded as high as C$0.69 and last traded at C$0.69. Approximately 1,000 shares were traded during trading, a decline of 81% from the average daily volume of 5,202 shares. The stock had previously closed at C$0.68.

Inventronics Stock Performance

The stock’s 50 day moving average price is C$0.71 and its 200 day moving average price is C$0.78. The company has a current ratio of 2.73, a quick ratio of 1.06 and a debt-to-equity ratio of 84.30. 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.