Inovalis Real Estate Investment Trust (TSE:INO.UN) Releases Quarterly Earnings Results

Inovalis Real Estate Investment Trust (TSE:INO.UN) announced its quarterly earnings data on Thursday. The company reported C($0.34) EPS for the quarter, FiscalAI reports. The firm had revenue of C$4.18 million during the quarter.

Inovalis Real Estate Investment Trust Price Performance

Shares of INO.UN stock traded down C$0.02 during trading hours on Thursday, hitting C$0.74. 17,657 shares of the company’s stock were exchanged, compared to its average volume of 29,417. The company has a market capitalization of C$24.78 million, a PE ratio of -0.55 and a beta of 0.23. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 100.22. Inovalis Real Estate Investment Trust has a 12-month low of C$0.66 and a 12-month high of C$1.25. The business’s 50 day simple moving average is C$0.77 and its 200-day simple moving average is C$0.88.

About Inovalis Real Estate Investment Trust

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. The majority of its revenue is generated from rental income in France.