Invesque (TSE:IVQ.U) Sets New 1-Year Low – What’s Next?

Shares of Invesque Inc (TSE:IVQ.U) reached a new 52-week low on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 3000 shares traded. The stock had previously closed at C$0.07.

Invesque Stock Performance

The firm has a market capitalization of C$68.51 million, a P/E ratio of -1.88 and a beta of 1.01. The company has a quick ratio of 0.35, a current ratio of 0.77 and a debt-to-equity ratio of 471.30. The firm’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.09.

Invesque Company Profile

Invesque is a North American health care real estate company with an investment thesis focused on the premise that an aging demographic will continue to utilize health care services in growing proportion to the overall economy. The Company currently capitalizes on this opportunity by investing in a portfolio of income-generating, private pay seniors housing communities. Invesque’s portfolio includes investments in independent living, assisted living, and memory care, which are operated under joint venture arrangements with industry-leading operating partners and in owner-occupied seniors housing properties in which the Company owns the real estate, and the licensed operations.