Inovalis Real Estate Investment Trust (TSE:INO.UN) Shares Pass Below 200 Day Moving Average – Should You Sell?

Shares of 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$1.08 and traded as low as C$0.96. Inovalis Real Estate Investment Trust shares last traded at C$1.00, with a volume of 89,674 shares changing hands.

Inovalis Real Estate Investment Trust Stock Down 2.0 %

The firm’s fifty day simple moving average is C$1.08 and its 200-day simple moving average is C$1.08. The company has a market cap of C$32.59 million, a PE ratio of -0.48 and a beta of 1.78. 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

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.