Inovalis Real Estate Investment Trust (TSE:INO.UN) Hits New 1-Year Low – What’s Next?

Inovalis Real Estate Investment Trust (TSE:INO.UN) shares reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.65 and last traded at C$0.66, with a volume of 22154 shares changing hands. The stock had previously closed at C$0.67.

Inovalis Real Estate Investment Trust Stock Performance

The company has a quick ratio of 0.32, a current ratio of 0.55 and a debt-to-equity ratio of 100.22. The business has a 50 day simple moving average of C$0.75 and a two-hundred day simple moving average of C$0.78. The firm has a market cap of C$21.98 million, a PE ratio of -0.49 and a beta of 0.11.

Inovalis Real Estate Investment Trust (TSE:INO.UN) last issued its earnings results on Thursday, August 6th. The company reported C($0.34) earnings per share (EPS) for the quarter. The firm had revenue of C$4.18 million for the quarter.

Inovalis Real Estate Investment Trust Company Profile

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.