Inovalis Real Estate Investment Trust (TSE:INO.UN) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of Inovalis Real Estate Investment Trust (TSE:INO.UN) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.97 and traded as low as C$0.86. Inovalis Real Estate Investment Trust shares last traded at C$0.90, with a volume of 45,000 shares changing hands.

Inovalis Real Estate Investment Trust Price Performance

The company has a debt-to-equity ratio of 100.22, a current ratio of 0.55 and a quick ratio of 0.32. The stock has a fifty day moving average price of C$0.93 and a two-hundred day moving average price of C$0.96. The company has a market cap of C$29.33 million, a P/E ratio of -0.43 and a beta of 1.78.

Insider Activity

In other Inovalis Real Estate Investment Trust news, insider Inovalis S.A. purchased 127,000 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average cost of C$0.88 per share, for a total transaction of C$111,760.00. Insiders have purchased 199,500 shares of company stock worth $178,594 over the last 90 days. 0.65% of the stock is currently owned by corporate insiders.

Inovalis Real Estate Investment Trust Company Profile

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.