Invesque (TSE:IVQ) Stock Price Up 50% – Here’s Why

Invesque Inc. (TSE:IVQ) shares rose 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 Stock Up 50.0 %

The stock has a market capitalization of C$8.42 million, a PE ratio of -0.12 and a beta of 1.40. The company has a debt-to-equity ratio of 471.30, a current ratio of 0.77 and a quick ratio of 0.35. The business’s fifty day moving average price is C$0.14 and its two-hundred day moving average price is C$0.19.

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