InterRent Real Estate Investment Trust (OTCMKTS:IIPZF – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 3,100 shares changed hands during mid-day trading, an increase of 191% from the previous session’s volume of 1,067 shares.The stock last traded at $9.51 and had previously closed at $9.16.
InterRent Real Estate Investment Trust Stock Up 3.7%
The firm has a market capitalization of $1.33 billion, a PE ratio of 317.00 and a beta of 0.77. The business’s fifty day moving average price is $9.44 and its 200 day moving average price is $9.60. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.73.
InterRent Real Estate Investment Trust (OTCMKTS:IIPZF – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $44.39 million for the quarter. InterRent Real Estate Investment Trust had a return on equity of 0.20% and a net margin of 1.81%.
About InterRent Real Estate Investment Trust
InterRent Real Estate Investment Trust is a Canadian unincorporated, open-ended real estate investment trust specializing in the acquisition, ownership and management of multi-family residential properties. Its portfolio consists predominantly of mid-rise apartment buildings and townhouse complexes, and the trust emphasizes value-added opportunities by implementing targeted capital upgrades and operational enhancements. InterRent’s in-house property management services cover leasing, maintenance and tenant relations, driving occupancy and rental income growth across its assets.
Headquartered in Ottawa, InterRent REIT maintains a diversified portfolio across key urban and suburban markets in Ontario and Quebec, including Ottawa–Gatineau, Kingston, London and the Outaouais region.
Further Reading
- Five stocks we like better than InterRent Real Estate Investment Trust
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
- General Mills Is a 5-Star Turnaround Play for Buy and Hold Investors
- Agility Robotics’ SPAC Deal Opens a Rare Door Into Humanoid AI
Receive News & Ratings for InterRent Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterRent Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
