Inovalis Real Estate Investment Trust (TSE:INO.UN) Issues Quarterly Earnings Results

Inovalis Real Estate Investment Trust (TSE:INO.UN) issued its quarterly earnings data on Tuesday. The company reported C$0.38 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$3.68 million during the quarter.

Inovalis Real Estate Investment Trust Stock Down 2.5%

TSE:INO.UN traded down C$0.02 during trading hours on Wednesday, hitting C$0.79. The stock had a trading volume of 9,850 shares, compared to its average volume of 33,292. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 100.22. Inovalis Real Estate Investment Trust has a 1-year low of C$0.67 and a 1-year high of C$1.25. The business has a 50 day simple moving average of C$0.88 and a two-hundred day simple moving average of C$0.92. The company has a market cap of C$26.31 million, a PE ratio of -0.47 and a beta of 0.26.

About Inovalis Real Estate Investment Trust

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.