InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report) shares traded up 0.2% during mid-day trading on Tuesday . The stock traded as high as $9.62 and last traded at $9.62. 47,378 shares traded hands during trading, an increase of 440% from the average session volume of 8,781 shares. The stock had previously closed at $9.60.
InterRent Real Estate Investment Trust Stock Performance
The firm has a 50-day moving average of $9.77 and a 200-day moving average of $8.55. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.29 and a current ratio of 0.29. The firm has a market capitalization of $1.34 billion, a P/E ratio of -10.65 and a beta of 0.91.
InterRent Real Estate Investment Trust Announces Dividend
The firm also recently disclosed a jun 25 dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a $0.0331 dividend. InterRent Real Estate Investment Trust's dividend payout ratio (DPR) is currently -32.22%.
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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