Inventronics (CVE:IVX) Shares Up 6.7% – Should You Buy?

Inventronics Limited (CVE:IVX)’s stock price was up 6.7% during mid-day trading on Monday . The company traded as high as C$0.80 and last traded at C$0.80. Approximately 35,700 shares were traded during mid-day trading, an increase of 606% from the average daily volume of 5,060 shares. The stock had previously closed at C$0.75.

Inventronics Price Performance

The stock has a market capitalization of C$3.90 million, a price-to-earnings ratio of 20.51 and a beta of 0.39. The firm’s fifty day moving average is C$0.80 and its 200-day moving average is C$0.80. The company has a debt-to-equity ratio of 84.51, a current ratio of 2.65 and a quick ratio of 1.06.

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.