Inovalis Real Estate Investment Trust (TSE:INO.UN) Releases Earnings Results

Inovalis Real Estate Investment Trust (TSE:INO.UN) released its earnings results on Thursday. The company reported C($0.34) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$4.18 million during the quarter.

Inovalis Real Estate Investment Trust Stock Performance

Shares of INO.UN opened at C$0.74 on Friday. The stock has a market capitalization of C$24.78 million, a P/E ratio of -0.55 and a beta of 0.23. The company has a debt-to-equity ratio of 100.22, a quick ratio of 0.32 and a current ratio of 0.55. Inovalis Real Estate Investment Trust has a 1 year low of C$0.66 and a 1 year high of C$1.25. The company’s fifty day moving average is C$0.77 and its two-hundred day moving average is C$0.88.

Inovalis Real Estate Investment Trust Company Profile

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.