Inventronics (CVE:IVX) Sets New 12-Month Low – Should You Sell?

Shares of Inventronics Limited (CVE:IVXGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.61 and last traded at C$0.75, with a volume of 1524 shares trading hands. The stock had previously closed at C$0.70.

Inventronics Stock Up 7.1%

The company has a debt-to-equity ratio of 84.30, a current ratio of 2.73 and a quick ratio of 1.06. The company’s 50-day simple moving average is C$0.69 and its 200 day simple moving average is C$0.76. The firm has a market cap of C$3.65 million, a P/E ratio of 31.25 and a beta of 0.01.

About Inventronics

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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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