Inovalis Real Estate Investment Trust (TSE:INO.UN – Get Free Report) shares dropped 3.8% during mid-day trading on Wednesday. The stock traded as low as C$0.51 and last traded at C$0.51. 9,221 shares were traded during trading, a decline of 65% from the average session volume of 26,456 shares. The stock had previously closed at C$0.53.
Inovalis Real Estate Investment Trust Trading Down 3.8%
The firm has a market cap of C$17.11 million, a price-to-earnings ratio of -0.38 and a beta of -0.35. The company’s 50-day moving average price is C$0.68 and its 200-day moving average price is C$0.81. The company has a quick ratio of 0.32, a current ratio of 0.55 and a debt-to-equity ratio of 100.22.
About Inovalis Real Estate Investment Trust
Inovalis REIT is a real estate investment trust listed on the Toronto Stock Exchange in Canada. It was founded in 2013 by Inovalis and invests in office properties in primary markets of France, Germany and Spain. It holds 10 assets.
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