Inovalis Real Estate Investment Trust (TSE:INO.UN) Stock Passes Below 200-Day Moving Average – What’s Next?

Inovalis Real Estate Investment Trust (TSE:INO.UN) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.02 and traded as low as C$0.91. Inovalis Real Estate Investment Trust shares last traded at C$0.91, with a volume of 20,960 shares trading hands.

Inovalis Real Estate Investment Trust Price Performance

The firm’s 50 day moving average price is C$0.87 and its two-hundred day moving average price is C$1.02. 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 has a market cap of C$29.66 million, a PE ratio of -0.44 and a beta of 1.78.

Insider Activity

In other Inovalis Real Estate Investment Trust news, insider Inovalis S.A. bought 127,000 shares of the stock in a transaction dated Friday, December 20th. The stock was purchased at an average cost of C$0.88 per share, for a total transaction of C$111,760.00. In the last three months, insiders have bought 201,500 shares of company stock worth $177,479. 0.65% of the stock is currently owned by insiders.

Inovalis Real Estate Investment Trust Company Profile

Inovalis Real Estate Investment Trust is a Canada based open-ended real estate investment trust. The REIT Properties consist of office properties that are used for the rental of office space leased to corporate clients in urban areas. Its properties portfolio includes office rental properties located in France and Germany.