Inovalis Real Estate Investment Trust (TSE:INO.UN) Sets New 52-Week Low – Here’s What Happened

Inovalis Real Estate Investment Trust (TSE:INO.UN) hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$0.65 and last traded at C$0.66, with a volume of 22154 shares changing hands. The stock had previously closed at C$0.67.

Inovalis Real Estate Investment Trust Trading Down 1.5%

The stock has a market cap of C$21.98 million, a P/E ratio of -0.49 and a beta of 0.11. 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 stock’s fifty day moving average is C$0.75 and its 200 day moving average is C$0.78.

Inovalis Real Estate Investment Trust (TSE:INO.UN) last issued its quarterly earnings data on Thursday, August 6th. The company reported C($0.34) earnings per share (EPS) for the quarter. The business had revenue of C$4.18 million during the quarter.

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.