Invesque (TSE:IVQ.U) Stock Crosses Below 50 Day Moving Average – Here’s Why

Invesque Inc (TSE:IVQ.U)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.09 and traded as low as C$0.08. Invesque shares last traded at C$0.08, with a volume of 16,839 shares.

Invesque Trading Down 6.3 %

The company has a debt-to-equity ratio of 471.30, a current ratio of 0.77 and a quick ratio of 0.35. The business’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.11. The stock has a market cap of C$4.22 million, a P/E ratio of -0.08 and a beta of 1.40.

Invesque Company Profile

Invesque Inc operates as a real estate investment company in Canada and the United States. The company invests in health care and senior living properties, such as post-acute transitional care, long-term care, memory care, assisted living, independent living, and medical office properties. As of December 31, 2018, it owns a portfolio of 98 health care and senior living properties.