InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $9.93 and last traded at $9.93, with a volume of 861259 shares changing hands. The stock had previously closed at $8.56.
InterRent Real Estate Investment Trust Price Performance
The company has a market cap of $1.38 billion, a PE ratio of -89.09 and a beta of 0.82. The stock's 50 day moving average price is $8.05 and its 200-day moving average price is $7.50. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.19.
InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.10 earnings per share (EPS) for the quarter. InterRent Real Estate Investment Trust had a negative net margin of 8.47% and a negative return on equity of 0.81%.
InterRent Real Estate Investment Trust Company Profile
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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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