Invesque (TSE:IVQ.U) Trading 27.8% Higher – Here’s Why

Invesque Inc (TSE:IVQ.U)’s share price rose 27.8% during mid-day trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.12. Approximately 228,214 shares traded hands during trading, an increase of 26% from the average daily volume of 180,628 shares. The stock had previously closed at C$0.09.

Invesque Price Performance

The company has a debt-to-equity ratio of 471.30, a quick ratio of 0.35 and a current ratio of 0.77. The stock has a market capitalization of C$6.47 million, a price-to-earnings ratio of -0.13 and a beta of 1.40. The business’s 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.11.

Invesque Company Profile

Invesque Inc operates as a real estate investment company in Canada and the United States. The company invests in health care and senior living properties, such as post-acute transitional care, long-term care, memory care, assisted living, independent living, and medical office properties. As of December 31, 2018, it owns a portfolio of 98 health care and senior living properties.