Inovalis Real Estate Investment Trust (TSE:INO.UN) Sets New 12-Month Low – Should You Sell?

Inovalis Real Estate Investment Trust (TSE:INO.UN) reached a new 52-week low during trading on Friday . The company traded as low as C$0.76 and last traded at C$0.76, with a volume of 20240 shares changing hands. The stock had previously closed at C$0.78.

Inovalis Real Estate Investment Trust Stock Performance

The stock has a market capitalization of C$25.09 million, a P/E ratio of -0.37 and a beta of 1.78. The stock’s 50 day moving average price is C$0.98 and its 200-day moving average price is C$1.04. 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

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.