Inovalis Real Estate Investment Trust (TSE:INO.UN) Reaches New 12-Month High – Still a Buy?

by · The Markets Daily

Shares of Inovalis Real Estate Investment Trust (TSE:INO.UN – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$1.10 and last traded at C$1.05, with a volume of 146378 shares traded. The stock had previously closed at C$0.93.

Inovalis Real Estate Investment Trust Price Performance

The business has a 50 day moving average price of C$0.81 and a two-hundred day moving average price of C$0.85. The stock has a market cap of C$34.87 million, a PE ratio of -0.79 and a beta of 0.78. The company has a debt-to-equity ratio of 100.22, a quick ratio of 0.32 and a current ratio of 0.55.

Inovalis Real Estate Investment Trust Company Profile

(Get Free Report)

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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