Inovalis Real Estate Investment Trust (TSE:INO.UN) Shares Down 3.8% – Should You Sell?

Inovalis Real Estate Investment Trust (TSE:INO.UN – Get Free Report) dropped 3.8% on Wednesday. The company traded as low as C$0.51 and last traded at C$0.51. Approximately 9,221 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 26,456 shares. The stock had previously closed at C$0.53.

Inovalis Real Estate Investment Trust Stock Down 3.8%

The company has a market cap of C$17.11 million, a PE ratio of -0.38 and a beta of -0.35. The business has a 50-day simple moving average of C$0.68 and a 200-day simple moving average of C$0.81. The company has a quick ratio of 0.32, a current ratio of 0.55 and a debt-to-equity ratio of 100.22.

About Inovalis Real Estate Investment Trust

(Get Free Report)

Inovalis REIT is a real estate investment trust listed on the Toronto Stock Exchange in Canada. It was founded in 2013 by Inovalis and invests in office properties in primary markets of France, Germany and Spain. It holds 10 assets.

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