Inovalis Real Estate Investment Trust (TSE:INO.UN) Trading Up 10.8% – Time to Buy?

Inovalis Real Estate Investment Trust (TSE:INO.UNGet Free Report) shares shot up 10.8% during mid-day trading on Wednesday . The stock traded as high as C$1.05 and last traded at C$1.03. 75,826 shares changed hands during trading, an increase of 151% from the average session volume of 30,222 shares. The stock had previously closed at C$0.93.

Inovalis Real Estate Investment Trust Stock Up 18.3%

The firm has a market capitalization of C$36.53 million, a P/E ratio of -0.83 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. The company has a 50 day simple moving average of C$0.81 and a two-hundred day simple moving average of C$0.84.

About Inovalis Real Estate Investment Trust

(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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