InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) Posts Quarterly Earnings Results

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) announced its earnings results on Monday. The company reported $0.12 EPS for the quarter, Zacks reports. InterRent Real Estate Investment Trust had a negative return on equity of 7.71% and a negative net margin of 74.48%.

InterRent Real Estate Investment Trust Stock Performance

IIPZF remained flat at $9.50 during trading hours on Monday. InterRent Real Estate Investment Trust has a fifty-two week low of $6.57 and a fifty-two week high of $10.23. The firm has a market cap of $1.33 billion, a PE ratio of -10.56 and a beta of 0.94. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.22 and a quick ratio of 0.22. The company has a 50 day simple moving average of $9.63 and a 200-day simple moving average of $9.49.

InterRent Real Estate Investment Trust Company Profile

InterRent?REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution?through the acquisition and ownership of multi-residential properties. InterRent’s strategy is to expand its portfolio primarily within?markets that have exhibited stable market vacancies,?sufficient suites available to attain the critical mass necessary to implement?an efficient portfolio management structure, and?offer opportunities for accretive acquisitions.