Inovalis Real Estate Investment Trust (TSE:INO.UN) Hits New 12-Month High – Still a Buy?

Inovalis Real Estate Investment Trust (TSE:INO.UNGet Free Report)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as C$1.14 and last traded at C$1.08, with a volume of 91777 shares trading hands. The stock had previously closed at C$1.03.

Inovalis Real Estate Investment Trust Stock Performance

The stock has a market cap of C$36.19 million, a PE ratio of -0.82 and a beta of 0.67. The stock has a fifty day moving average of C$0.88 and a 200-day moving average of C$0.85. 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. The majority of its revenue is generated from rental income in France.

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