Inventronics (CVE:IVX) Stock Price Up 1.3% – Still a Buy?

Inventronics Limited (CVE:IVX) was up 1.3% during mid-day trading on Monday . The company traded as high as C$0.78 and last traded at C$0.78. Approximately 2,000 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 4,121 shares. The stock had previously closed at C$0.77.

Inventronics Price Performance

The stock has a market capitalization of C$3.80 million, a P/E ratio of 20.00 and a beta of 0.46. The business has a fifty day simple moving average of C$0.82 and a 200-day simple moving average of C$0.80. The company has a debt-to-equity ratio of 91.63, a quick ratio of 1.06 and a current ratio of 2.94.

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.