Inovalis Real Estate Investment Trust (TSE:INO.UN) Sets New 1-Year High – What’s Next?

Inovalis Real Estate Investment Trust (TSE:INO.UNGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$1.12 and last traded at C$1.07, with a volume of 26611 shares. The stock had previously closed at C$1.03.

Inovalis Real Estate Investment Trust Stock Up 3.9%

The firm has a 50 day moving average price of C$0.83 and a 200-day moving average price of C$0.85. The firm has a market cap of C$35.53 million, a PE ratio of -0.81 and a beta of 0.78. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 100.22.

Inovalis Real Estate Investment Trust Company Profile

(Get Free Report)

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. The majority of its revenue is generated from rental income in France.

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