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Invesque (TSE:IVQ) Trading Down 4% - What's Next?

Invesque logo with Real Estate background

Key Points

  • Invesque Inc. shares fell 4% to C$0.12, with trading volume down 98% from the average.
  • The company's debt-to-equity ratio is extremely high at 471.30 and it currently has a market cap of C$109.69 million.
  • Invesque focuses on owning income-producing seniors housing and care properties, including various forms of assisted living and memory care facilities.
  • MarketBeat previews the top five stocks to own by November 1st.

Shares of Invesque Inc. (TSE:IVQ - Get Free Report) traded down 4% during mid-day trading on Monday . The company traded as low as C$0.12 and last traded at C$0.12. 1,524 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 69,871 shares. The stock had previously closed at C$0.13.

Invesque Stock Performance

The business's 50-day moving average price is C$0.13 and its two-hundred day moving average price is C$0.15. The company has a market capitalization of C$105.12 million, a P/E ratio of -0.55 and a beta of 1.80. The company has a debt-to-equity ratio of 471.30, a current ratio of 0.77 and a quick ratio of 0.35.

Invesque Company Profile

(Get Free Report)

Invesque Inc is a Canada-based company. It is engaged in owning income-producing seniors housing and care properties. The company focuses on acquiring and investing in properties that offer transitional care, long-term care, memory care assisted living, independent living programs, and medical office properties.

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