InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) Shares Gap Down - What's Next?

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $10.06, but opened at $9.55. InterRent Real Estate Investment Trust shares last traded at $9.55, with a volume of 117 shares.

InterRent Real Estate Investment Trust Trading Down 5.1%

The company has a 50-day moving average price of $9.12 and a two-hundred day moving average price of $7.86. The stock has a market cap of $1.34 billion, a P/E ratio of -11.24 and a beta of 0.89. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.71.

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.10 EPS for the quarter. InterRent Real Estate Investment Trust had a negative net margin of 70.17% and a negative return on equity of 7.01%.

InterRent Real Estate Investment Trust Dividend Announcement

The company also recently declared a jun 25 dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.0331 per share. InterRent Real Estate Investment Trust's dividend payout ratio is presently -34.12%.

InterRent Real Estate Investment Trust Company Profile

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.