Invesque (TSE:IVQ) Stock Price Up 50% – Should You Buy?

Invesque Inc. (TSE:IVQ) shares were up 50% during mid-day trading on Tuesday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 12,400 shares were traded during trading, a decline of 30% from the average daily volume of 17,649 shares. The stock had previously closed at C$0.10.

Invesque Stock Down 8.0 %

The stock has a market cap of C$6.46 million, a PE ratio of -0.10 and a beta of 1.40. The business has a 50 day simple moving average of C$0.14 and a 200 day simple moving average of C$0.19. The company has a debt-to-equity ratio of 471.30, a current ratio of 0.77 and a quick ratio of 0.35.

Invesque (TSE:IVQ) last announced its quarterly earnings results on Thursday, November 7th. The company reported C($0.17) EPS for the quarter. Invesque had a negative return on equity of 36.28% and a negative net margin of 33.48%. The business had revenue of C$57.82 million for the quarter. On average, equities research analysts forecast that Invesque Inc. will post 0.63 EPS for the current fiscal year.

About Invesque

Invesque Inc operates as a health care real estate company in North America. The company's investment property portfolio includes investments in independent living, assisted living, memory care, skilled nursing, and transitional care properties. It also includes investments in owner occupied seniors housing properties, including the ownership of real estate properties, as well as provides management services.