Inventronics (CVE:IVX) Trading Down 1.7% – Should You Sell?

Shares of Inventronics Limited (CVE:IVX) traded down 1.7% during trading on Monday . The company traded as low as C$0.58 and last traded at C$0.58. 2,000 shares were traded during trading, an increase of 10% from the average session volume of 1,813 shares. The stock had previously closed at C$0.59.

Inventronics Trading Up 13.8 %

The company has a market cap of C$3.21 million, a price-to-earnings ratio of -22.00 and a beta of 0.36. The company has a quick ratio of 1.06, a current ratio of 2.37 and a debt-to-equity ratio of 101.94. The business’s fifty day simple moving average is C$0.65 and its two-hundred day simple moving average is C$0.72.

About Inventronics

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.