Invesque (TSE:IVQ.U) Sets New 1-Year Low – What’s Next?

Invesque Inc (TSE:IVQ.U) shares hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 8000 shares. The stock had previously closed at C$0.07.

Invesque Stock Performance

The firm has a fifty day moving average of C$0.09 and a 200 day moving average of C$0.09. The company has a debt-to-equity ratio of 471.30, a current ratio of 0.77 and a quick ratio of 0.35. The stock has a market capitalization of C$63.95 million, a price-to-earnings ratio of -1.75 and a beta of 1.01.

About Invesque

Invesque is a North American health care real estate company with an investment thesis focused on the premise that an aging demographic will continue to utilize health care services in growing proportion to the overall economy. The Company currently capitalizes on this opportunity by investing in a portfolio of income-generating, private pay seniors housing communities. Invesque’s portfolio includes investments in independent living, assisted living, and memory care, which are operated under joint venture arrangements with industry-leading operating partners and in owner-occupied seniors housing properties in which the Company owns the real estate, and the licensed operations.