Inovalis Real Estate Investment Trust (TSE:INO.UN) Posts Quarterly Earnings Results

Inovalis Real Estate Investment Trust (TSE:INO.UN) issued its earnings results on Thursday. The company reported C($0.34) EPS for the quarter, FiscalAI reports. The company had revenue of C$4.18 million during the quarter.

Inovalis Real Estate Investment Trust Trading Up 10.8%

INO.UN traded up C$0.08 during midday trading on Friday, reaching C$0.82. 83,665 shares of the company were exchanged, compared to its average volume of 29,777. The stock has a market capitalization of C$27.46 million, a P/E ratio of -0.60 and a beta of 0.23. The company has a debt-to-equity ratio of 100.22, a quick ratio of 0.32 and a current ratio of 0.55. The stock’s 50-day simple moving average is C$0.77 and its 200 day simple moving average is C$0.88. Inovalis Real Estate Investment Trust has a one year low of C$0.66 and a one year high of C$1.25.

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.