Inventronics (CVE:IVX) Hits New 1-Year Low – Here’s Why

Inventronics Limited (CVE:IVX) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.61 and last traded at C$0.61, with a volume of 2000 shares traded. The stock had previously closed at C$0.64.

Inventronics Trading Down 4.7 %

The firm has a market cap of C$2.97 million, a P/E ratio of -21.33 and a beta of 0.36. The business’s fifty day moving average is C$0.73 and its 200-day moving average is C$0.76. The company has a debt-to-equity ratio of 101.94, a quick ratio of 1.06 and a current ratio of 2.37.

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.