Inovalis Real Estate Investment Trust (TSE:INO.UN) Shares Up 4.7%

Shares of Inovalis Real Estate Investment Trust (TSE:INO.UN) were up 4.7% during mid-day trading on Wednesday . The company traded as high as C$1.11 and last traded at C$1.11. Approximately 115,969 shares were traded during mid-day trading, an increase of 170% from the average daily volume of 42,948 shares. The stock had previously closed at C$1.06.

Inovalis Real Estate Investment Trust Price Performance

The stock has a market cap of C$36.50 million, a P/E ratio of -1.23 and a beta of 1.59. The company has a debt-to-equity ratio of 89.36, a quick ratio of 0.32 and a current ratio of 0.34. The business has a 50 day simple moving average of C$0.98 and a 200-day simple moving average of C$1.19.

Inovalis Real Estate Investment Trust Company Profile

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria.