Invesque (TSE:IVQ) Trading Up 15.4% – What’s Next?

Invesque Inc. (TSE:IVQ)’s stock price shot up 15.4% on Wednesday . The company traded as high as C$0.15 and last traded at C$0.15. 172,042 shares changed hands during mid-day trading, an increase of 140% from the average session volume of 71,803 shares. The stock had previously closed at C$0.13.

Invesque Trading Up 15.4%

The stock has a market capitalization of C$137.11 million, a P/E ratio of -1.25 and a beta of 2.08. The stock’s 50 day moving average price is C$0.12 and its 200-day moving average price is C$0.13. The company has a quick ratio of 0.35, a current ratio of 0.77 and a debt-to-equity ratio of 471.30.

Invesque (TSE:IVQ) last announced its earnings results on Friday, November 7th. The company reported C($0.04) earnings per share (EPS) for the quarter. The company had revenue of C$9.13 million for the quarter. Invesque had a negative net margin of 33.48% and a negative return on equity of 36.28%. As a group, equities research analysts expect that Invesque Inc. will post 0.63 earnings per share for the current year.

Invesque Company Profile

Invesque Inc is a Canada-based company. It is engaged in owning income-producing seniors housing and care properties. The company focuses on acquiring and investing in properties that offer transitional care, long-term care, memory care assisted living, independent living programs, and medical office properties. The rental income generates maximum revenue for the company. It offers its services to the United States of America. Its segments comprise Seniors housing and care investment properties, Owner occupied properties, Medical office buildings, and Corporate.