InterRent Real Estate Investment Trust (TSE:IIP.UN – Get Free Report)’s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$13.35 and traded as low as C$13.28. InterRent Real Estate Investment Trust shares last traded at C$13.30, with a volume of 299,325 shares trading hands.
InterRent Real Estate Investment Trust Trading Down 0.1%
The company has a debt-to-equity ratio of 63.59, a quick ratio of 0.04 and a current ratio of 0.43. The company has a 50 day moving average of C$13.35 and a two-hundred day moving average of C$13.33. The stock has a market cap of C$1.85 billion, a PE ratio of 100.19 and a beta of 0.52.
About InterRent Real Estate Investment Trust
InterRent¿REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution¿through the acquisition and ownership of multi-residential properties. InterRent’s strategy is to expand its portfolio primarily within¿markets that have exhibited stable market vacancies,¿sufficient suites available to attain the critical mass necessary to implement¿an efficient portfolio management structure, and¿offer opportunities for accretive acquisitions.
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