Inovalis Real Estate Investment Trust (TSE:INO.UN – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.66 and last traded at C$0.71, with a volume of 18422 shares trading hands. The stock had previously closed at C$0.66.
Inovalis Real Estate Investment Trust Stock Up 10.6%
The stock has a 50 day moving average price of C$0.77 and a 200 day moving average price of C$0.89. The company has a debt-to-equity ratio of 100.22, a quick ratio of 0.32 and a current ratio of 0.55. The company has a market capitalization of C$24.45 million, a P/E ratio of -0.54 and a beta of 0.25.
Inovalis Real Estate Investment Trust (TSE:INO.UN – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C$0.38 earnings per share for the quarter. The company had revenue of C$3.68 million for the quarter.
About Inovalis Real Estate Investment Trust
Inovalis Real Estate Investment Trust is a Canada based open-ended real estate investment trust. The REIT Properties consist of office properties that are used for the rental of office space leased to corporate clients in urban areas. Its properties portfolio includes office rental properties located in France and Germany. The majority of its revenue is generated from rental income in France.
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