Inventronics (CVE:IVX) Trading Down 2.7% – What’s Next?

Shares of Inventronics Limited (CVE:IVXGet Free Report) were down 2.7% during mid-day trading on Tuesday . The stock traded as low as C$0.71 and last traded at C$0.71. Approximately 500 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 5,917 shares. The stock had previously closed at C$0.73.

Inventronics Stock Performance

The stock has a market capitalization of C$3.46 million, a P/E ratio of -23.67 and a beta of 0.36. The company has a current ratio of 2.37, a quick ratio of 1.06 and a debt-to-equity ratio of 101.94. The company has a 50-day moving average price of C$0.76 and a two-hundred day moving average price of C$0.77.

Inventronics (CVE:IVXGet Free Report) last issued its earnings results on Thursday, August 22nd. The company reported C$0.03 earnings per share for the quarter. The business had revenue of C$1.95 million during the quarter. Inventronics had a negative return on equity of 5.51% and a negative net margin of 2.64%.

About Inventronics

(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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