Inovalis Real Estate Investment Trust (TSE:INO.UN) Stock Price Passes Below 200-Day Moving Average of $1.23

Inovalis Real Estate Investment Trust (TSE:INO.UN) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.23 and traded as low as C$0.85. Inovalis Real Estate Investment Trust shares last traded at C$0.88, with a volume of 21,741 shares.

Inovalis Real Estate Investment Trust Stock Performance

The stock’s 50 day simple moving average is C$0.99 and its two-hundred day simple moving average is C$1.23. The company has a debt-to-equity ratio of 89.36, a current ratio of 0.34 and a quick ratio of 0.32. The company has a market capitalization of C$30.63 million, a P/E ratio of -0.99 and a beta of 1.59.

Inovalis Real Estate Investment Trust Company Profile

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria.