Inventronics (CVE:IVX) Stock Price Up 1.3% – Should You Buy?

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

Inventronics Price Performance

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

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.