Inovalis Real Estate Investment Trust (TSE:INO.UN) Shares Cross Below 200-Day Moving Average – Should You Sell?

Inovalis Real Estate Investment Trust (TSE:INO.UNGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.96 and traded as low as C$0.88. Inovalis Real Estate Investment Trust shares last traded at C$0.89, with a volume of 7,055 shares traded.

Inovalis Real Estate Investment Trust Price Performance

The firm has a 50 day moving average price of C$0.92 and a 200 day moving average price of C$0.96. The stock has a market cap of C$29.01 million, a P/E ratio of -0.43 and a beta of 1.78. 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

(Get Free Report)

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.

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