Inventronics (CVE:IVX) Stock Price Up 2.3% – What’s Next?

Inventronics Limited (CVE:IVX) shares were up 2.3% during trading on Friday . The stock traded as high as C$0.88 and last traded at C$0.88. Approximately 880 shares traded hands during trading, a decline of 88% from the average daily volume of 7,168 shares. The stock had previously closed at C$0.86.

Inventronics Price Performance

The company has a fifty day moving average of C$0.82 and a 200-day moving average of C$0.77. The company has a current ratio of 2.94, a quick ratio of 1.06 and a debt-to-equity ratio of 91.63. The stock has a market cap of C$4.29 million, a PE ratio of 22.56 and a beta of -0.06.

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.