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

Shares of Inovalis Real Estate Investment Trust (TSE:INO.UNGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as C$0.66 and last traded at C$0.71, with a volume of 18422 shares trading hands. The stock had previously closed at C$0.66.

Inovalis Real Estate Investment Trust Stock Performance

The firm has a market capitalization of C$23.78 million, a price-to-earnings ratio of -0.52 and a beta of 0.25. 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$0.77 and its two-hundred day moving average is C$0.89.

Inovalis Real Estate Investment Trust (TSE:INO.UNGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported C$0.38 EPS for the quarter. The firm had revenue of C$3.68 million during the quarter.

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. The majority of its revenue is generated from rental income in France.

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