Invesque (TSE:IVQ.U) Hits New 1-Year Low – Here’s What Happened

Invesque Inc (TSE:IVQ.U)’s share price reached a new 52-week low on Wednesday . The stock traded as low as C$0.08 and last traded at C$0.10, with a volume of 7000 shares traded. The stock had previously closed at C$0.09.

Invesque Price Performance

The company has a debt-to-equity ratio of 471.30, a current ratio of 0.77 and a quick ratio of 0.35. The firm has a market cap of C$77.65 million, a price-to-earnings ratio of -4.25 and a beta of 1.34. The stock’s fifty day moving average price is C$0.09 and its 200-day moving average price is C$0.09.

Invesque Company Profile

Invesque is a North American health care real estate company with an investment thesis focused on the premise that an aging demographic will continue to utilize health care services in growing proportion to the overall economy. The Company currently capitalizes on this opportunity by investing in a portfolio of income-generating, private pay seniors housing communities. Invesque’s portfolio includes investments in independent living, assisted living, and memory care, which are operated under joint venture arrangements with industry-leading operating partners and in owner-occupied seniors housing properties in which the Company owns the real estate, and the licensed operations.