Invesque (TSE:IVQ.U) Hits New 52-Week Low – Time to Sell?

Shares of Invesque Inc (TSE:IVQ.UGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 4000 shares. The stock had previously closed at C$0.09.

Invesque Price Performance

The firm has a 50 day moving average of C$0.09 and a 200-day moving average of C$0.09. The company has a debt-to-equity ratio of 471.30, a current ratio of 0.77 and a quick ratio of 0.35. The stock has a market capitalization of C$82.22 million, a P/E ratio of -4.50 and a beta of 1.34.

About Invesque

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Invesque is a North American health care real estate company with an investment thesis focused on the premise that an aging demographic will continue to utilize health care services in growing proportion to the overall economy. The Company currently capitalizes on this opportunity by investing in a portfolio of income-generating, private pay seniors housing communities. Invesque’s portfolio includes investments in independent living, assisted living, and memory care, which are operated under joint venture arrangements with industry-leading operating partners and in owner-occupied seniors housing properties in which the Company owns the real estate, and the licensed operations.

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