Inovalis Real Estate Investment Trust (TSE:INO.UN – Get Free Report)’s stock price was up 18.3% during trading on Wednesday . The company traded as high as C$1.10 and last traded at C$1.10. Approximately 123,767 shares traded hands during mid-day trading, an increase of 309% from the average daily volume of 30,275 shares. The stock had previously closed at C$0.93.
Inovalis Real Estate Investment Trust Stock Up 18.3%
The firm has a fifty day simple moving average of C$0.81 and a 200 day simple moving average of C$0.84. The company has a debt-to-equity ratio of 100.22, a quick ratio of 0.32 and a current ratio of 0.55. The company has a market cap of C$36.53 million, a PE ratio of -0.83 and a beta of 0.78.
About Inovalis Real Estate Investment Trust
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.
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