Inovalis Real Estate Investment Trust (TSE:INO.UN) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Inovalis Real Estate Investment Trust (TSE:INO.UNGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.95 and traded as low as C$0.90. Inovalis Real Estate Investment Trust shares last traded at C$0.91, with a volume of 8,501 shares traded.

Inovalis Real Estate Investment Trust Trading Up 1.1 %

The business’s 50 day simple moving average is C$0.93 and its 200 day simple moving average is C$0.95. The stock has a market cap of C$29.66 million, a price-to-earnings ratio of -0.44 and a beta of 1.78. The company has a quick ratio of 0.32, a current ratio of 0.55 and a debt-to-equity ratio of 100.22.

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.

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