Invesque (TSE:IVQ) Trading Up 3.8% – What’s Next?

Invesque Inc. (TSE:IVQ) shares rose 3.8% on Wednesday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 6,000 shares were traded during trading, a decline of 64% from the average daily volume of 16,872 shares. The stock had previously closed at C$0.13.

Invesque Stock Performance

The firm has a market capitalization of C$7.58 million, a price-to-earnings ratio of -0.11 and a beta of 1.40. The company has a 50-day moving average price of C$0.13 and a 200-day moving average price of C$0.17. The company has a quick ratio of 0.35, a current ratio of 0.77 and a debt-to-equity ratio of 471.30.

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

About Invesque

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.