Inovalis Real Estate Investment Trust (TSE:INO.UN) Share Price Passes Below Two Hundred Day Moving Average of $1.23

Inovalis Real Estate Investment Trust (TSE:INO.UN) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.23 and traded as low as C$0.85. Inovalis Real Estate Investment Trust shares last traded at C$0.88, with a volume of 21,741 shares.

Inovalis Real Estate Investment Trust Stock Up 1.1 %

The firm has a market capitalization of C$28.68 million, a price-to-earnings ratio of -0.97 and a beta of 1.59. The company has a quick ratio of 0.32, a current ratio of 0.34 and a debt-to-equity ratio of 89.36. The company’s 50 day moving average price is C$1.00 and its 200 day moving average price is C$1.23.

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.