Inovalis Real Estate Investment Trust (TSE:INO.UN) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Inovalis Real Estate Investment Trust (TSE:INO.UNGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$1.09 and traded as low as C$1.03. Inovalis Real Estate Investment Trust shares last traded at C$1.03, with a volume of 173,004 shares changing hands.

Inovalis Real Estate Investment Trust Stock Performance

The firm has a 50 day moving average of C$1.15 and a two-hundred day moving average of C$1.09. The stock has a market cap of C$33.89 million, a P/E ratio of -0.50 and a beta of 1.78. The company has a debt-to-equity ratio of 100.22, a quick ratio of 0.32 and a current ratio of 0.55.

Inovalis Real Estate Investment Trust Company Profile

(Get Free Report)

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.

Further Reading

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