Invesque (TSE:IVQ.U) Stock Price Down 16.7% – Should You Sell?

Invesque Inc (TSE:IVQ.UGet Free Report)’s share price was down 16.7% on Wednesday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 1,070,207 shares changed hands during mid-day trading, an increase of 240% from the average daily volume of 314,889 shares. The stock had previously closed at C$0.09.

Invesque Price Performance

The firm’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.12. The company has a debt-to-equity ratio of 471.30, a quick ratio of 0.35 and a current ratio of 0.77. The company has a market capitalization of C$5.06 million, a price-to-earnings ratio of -0.10 and a beta of 1.40.

Invesque Company Profile

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Invesque Inc operates as a real estate investment company in Canada and the United States. The company invests in health care and senior living properties, such as post-acute transitional care, long-term care, memory care, assisted living, independent living, and medical office properties. As of December 31, 2018, it owns a portfolio of 98 health care and senior living properties.

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