Invesque (TSE:IVQ) Shares Up 50% – Still a Buy?

Shares of Invesque Inc. (TSE:IVQ) were up 50% on Tuesday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 12,400 shares traded hands during trading, a decline of 30% from the average daily volume of 17,649 shares. The stock had previously closed at C$0.10.

Invesque Price Performance

The firm has a market cap of C$8.42 million, a P/E ratio of -0.12 and a beta of 1.40. The stock’s 50-day simple moving average is C$0.14 and its two-hundred day simple moving average is C$0.19. The company has a debt-to-equity ratio of 471.30, a current ratio of 0.77 and a quick ratio of 0.35.

Invesque (TSE:IVQ) last released its earnings results on Thursday, November 7th. The company reported C($0.17) earnings per share for the quarter. The business had revenue of C$57.82 million for the quarter. Invesque had a negative return on equity of 36.28% and a negative net margin of 33.48%. Equities research analysts forecast that Invesque Inc. will post 0.63 earnings per share for the current fiscal year.

Invesque Company Profile

Invesque Inc operates as a health care real estate company in North America. The company's investment property portfolio includes investments in independent living, assisted living, memory care, skilled nursing, and transitional care properties. It also includes investments in owner occupied seniors housing properties, including the ownership of real estate properties, as well as provides management services.