Shares of Inovalis Real Estate Investment Trust (TSE:INO.UN – Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.85 and traded as high as C$0.96. Inovalis Real Estate Investment Trust shares last traded at C$0.96, with a volume of 4,030 shares trading hands.
Inovalis Real Estate Investment Trust Price Performance
The firm has a market capitalization of C$31.88 million, a P/E ratio of -0.72 and a beta of 0.67. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 100.22. The firm has a 50 day moving average price of C$0.85 and a 200-day moving average price of C$0.85.
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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