Inovalis Real Estate Investment Trust (TSE:INO.UN) Sets New 52-Week Low – Here’s Why

Inovalis Real Estate Investment Trust (TSE:INO.UN)’s share price hit a new 52-week low during trading on Friday . The company traded as low as C$0.76 and last traded at C$0.76, with a volume of 20240 shares. The stock had previously closed at C$0.78.

Inovalis Real Estate Investment Trust Price Performance

The firm has a market cap of C$25.09 million, a P/E ratio of -0.37 and a beta of 1.78. The company has a debt-to-equity ratio of 100.22, a current ratio of 0.55 and a quick ratio of 0.32. The stock’s 50-day simple moving average is C$0.98 and its two-hundred day simple moving average is C$1.04.

Inovalis Real Estate Investment Trust Company Profile

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria.