Inovalis Real Estate Investment Trust (TSE:INO.UN) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Inovalis Real Estate Investment Trust (TSE:INO.UN)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.10 and traded as low as C$1.08. Inovalis Real Estate Investment Trust shares last traded at C$1.08, with a volume of 22,287 shares traded.

Inovalis Real Estate Investment Trust Stock Performance

The business has a 50-day simple moving average of C$1.16 and a 200 day simple moving average of C$1.10. The company has a debt-to-equity ratio of 100.22, a current ratio of 0.55 and a quick ratio of 0.32. The firm has a market cap of C$35.20 million, a PE ratio of -0.52 and a beta of 1.78.

Inovalis Real Estate Investment Trust Company Profile

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria.