Invesque (TSE:IVQ.U) Sets New 12-Month Low at $6.09

Invesque Inc (TSE:IVQ.U) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$6.09 and last traded at C$6.31, with a volume of 52491 shares trading hands. The stock had previously closed at C$6.92.

Separately, Canaccord Genuity cut their price objective on Invesque from C$8.00 to C$7.50 in a research report on Thursday, May 16th.

The company has a debt-to-equity ratio of 156.74, a current ratio of 0.67 and a quick ratio of 0.48. The company has a 50 day simple moving average of C$7.30. The company has a market capitalization of $330.04 million and a price-to-earnings ratio of -44.29.

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Thursday, August 15th will be paid a $0.0614 dividend. The ex-dividend date is Tuesday, July 30th. This represents a $0.74 dividend on an annualized basis and a yield of 11.88%. Invesque’s payout ratio is -528.57%.

Invesque Company Profile (TSE:IVQ.U)

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.

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