Invesque (TSE:IVQ.U) Shares Up 20% – Here’s Why

Invesque Inc (TSE:IVQ.U) was up 20% on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 98,770 shares changed hands during trading, a decline of 70% from the average daily volume of 329,388 shares. The stock had previously closed at C$0.08.

Invesque Price Performance

The business’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.12. 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 stock has a market cap of C$5.06 million, a P/E ratio of -0.10 and a beta of 1.40.

About Invesque

Invesque Inc operates as a real estate investment company in Canada and the United States. The company invests in health care and senior living properties, such as post-acute transitional care, long-term care, memory care, assisted living, independent living, and medical office properties. As of December 31, 2018, it owns a portfolio of 98 health care and senior living properties.