Invesque (TSE:IVQ) Stock Price Up 15.4% – Should You Buy?

Invesque Inc. (TSE:IVQ)’s share price was up 15.4% on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 172,042 shares changed hands during mid-day trading, an increase of 140% from the average daily volume of 71,803 shares. The stock had previously closed at C$0.13.

Invesque Price Performance

The company has a quick ratio of 0.35, a current ratio of 0.77 and a debt-to-equity ratio of 471.30. The company has a 50 day simple moving average of C$0.12 and a 200-day simple moving average of C$0.13. The stock has a market cap of C$137.11 million, a price-to-earnings ratio of -1.25 and a beta of 2.08.

Invesque (TSE:IVQ) last announced its quarterly earnings data on Friday, November 7th. The company reported C($0.04) earnings per share for the quarter. The business had revenue of C$9.13 million for the quarter. Invesque had a negative net margin of 33.48% and a negative return on equity of 36.28%. As a group, research analysts anticipate that Invesque Inc. will post 0.63 EPS for the current fiscal year.

About Invesque

Invesque Inc is a Canada-based company. It is engaged in owning income-producing seniors housing and care properties. The company focuses on acquiring and investing in properties that offer transitional care, long-term care, memory care assisted living, independent living programs, and medical office properties. The rental income generates maximum revenue for the company. It offers its services to the United States of America. Its segments comprise Seniors housing and care investment properties, Owner occupied properties, Medical office buildings, and Corporate.