Shares of Inovalis Real Estate Investment Trust (TSE:INO.UN – Get Free Report) were up 17.2% during mid-day trading on Wednesday . The company traded as high as C$1.10 and last traded at C$1.09. Approximately 129,767 shares were traded during trading, an increase of 329% from the average daily volume of 30,275 shares. The stock had previously closed at C$0.93.
Inovalis Real Estate Investment Trust Trading Up 18.3%
The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 100.22. The stock has a market capitalization of C$36.53 million, a P/E ratio of -0.83 and a beta of 0.78. The business’s fifty day simple moving average is C$0.81 and its two-hundred day simple moving average is C$0.84.
About Inovalis Real Estate Investment Trust
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.
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