InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) Issues Quarterly Earnings Results

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) announced its quarterly earnings data on Monday. The company reported $0.12 earnings per share (EPS) for the quarter, Zacks reports. InterRent Real Estate Investment Trust had a negative net margin of 74.48% and a negative return on equity of 7.71%.

InterRent Real Estate Investment Trust Stock Performance

Shares of OTCMKTS IIPZF remained flat at $9.50 on Monday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.22 and a quick ratio of 0.22. InterRent Real Estate Investment Trust has a 1 year low of $6.57 and a 1 year high of $10.23. The firm has a market capitalization of $1.33 billion, a PE ratio of -10.56 and a beta of 0.94. The stock has a 50-day moving average price of $9.63 and a 200 day moving average price of $9.49.

About InterRent Real Estate Investment Trust

InterRent?REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution?through the acquisition and ownership of multi-residential properties. InterRent’s strategy is to expand its portfolio primarily within?markets that have exhibited stable market vacancies,?sufficient suites available to attain the critical mass necessary to implement?an efficient portfolio management structure, and?offer opportunities for accretive acquisitions.