InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report)'s stock price reached a new 52-week high on Monday . The stock traded as high as $10.23 and last traded at $10.23, with a volume of 377 shares changing hands. The stock had previously closed at $9.75.
InterRent Real Estate Investment Trust Price Performance
The firm has a 50 day simple moving average of $9.55 and a two-hundred day simple moving average of $8.07. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.29 and a quick ratio of 0.29. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of -12.04 and a beta of 0.88.
InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported $0.10 earnings per share for the quarter. InterRent Real Estate Investment Trust had a negative return on equity of 7.01% and a negative net margin of 70.17%.
InterRent Real Estate Investment Trust Announces Dividend
The business also recently announced a jun 25 dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a $0.0331 dividend. InterRent Real Estate Investment Trust's payout ratio is -34.12%.
About InterRent Real Estate Investment Trust
(
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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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