Inventronics (CVE:IVX) Shares Down 11.8% – Time to Sell?

Inventronics Limited (CVE:IVXGet Free Report)’s share price was down 11.8% during mid-day trading on Monday . The stock traded as low as C$0.59 and last traded at C$0.60. Approximately 1,500 shares traded hands during mid-day trading, a decline of 14% from the average daily volume of 1,750 shares. The stock had previously closed at C$0.68.

Inventronics Stock Performance

The firm has a market cap of C$2.92 million, a price-to-earnings ratio of -20.00 and a beta of 0.36. The firm’s 50 day moving average price is C$0.67 and its 200-day moving average price is C$0.74. The company has a debt-to-equity ratio of 101.94, a current ratio of 2.37 and a quick ratio of 1.06.

Inventronics Company Profile

(Get Free Report)

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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