Invesque (TSE:IVQ.U) Shares Up 0.1%

Invesque Inc (TSE:IVQ.U) shares shot up 0.1% on Monday . The company traded as high as C$6.83 and last traded at C$6.82, 2,400 shares traded hands during trading. The stock had previously closed at C$6.81.

A number of brokerages have recently weighed in on IVQ.U. National Bank Financial dropped their price objective on shares of Invesque from C$6.50 to C$6.25 and set a “sector perform” rating on the stock in a report on Monday. CIBC dropped their price objective on shares of Invesque from C$7.75 to C$7.25 in a report on Monday, August 19th.

The firm has a market cap of $379.44 million and a P/E ratio of -10.52. The business’s 50-day simple moving average is C$6.85. The company has a debt-to-equity ratio of 145.69, a current ratio of 0.98 and a quick ratio of 0.74.

The firm also recently announced a monthly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 15th were given a dividend of $0.0614 per share. The ex-dividend date of this dividend was Wednesday, October 30th. This represents a $0.74 dividend on an annualized basis and a yield of 10.72%. Invesque’s dividend payout ratio is presently -113.32%.

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.

Read More: Diluted Earnings Per Share

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