Invesque (TSE:IVQ) Stock Price Down 4.5% – Here’s Why

Invesque Inc. (TSE:IVQ) shares fell 4.5% during trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.11. 1,332 shares traded hands during trading, a decline of 99% from the average session volume of 108,032 shares. The stock had previously closed at C$0.11.

Invesque Stock Up 4.8 %

The firm’s 50-day simple moving average is C$0.12 and its 200 day simple moving average is C$0.16. 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 cap of C$6.18 million, a P/E ratio of -0.09 and a beta of 1.40.

Invesque (TSE:IVQ) last announced its quarterly earnings data on Thursday, November 7th. The company reported C($0.17) EPS for the quarter. Invesque had a negative return on equity of 36.28% and a negative net margin of 33.48%. The company had revenue of C$57.82 million for the quarter. On average, research analysts forecast that Invesque Inc. will post 0.63 earnings per share for the current fiscal year.

About Invesque

Invesque Inc operates as a health care real estate company in North America. The company's investment property portfolio includes investments in independent living, assisted living, memory care, skilled nursing, and transitional care properties. It also includes investments in owner occupied seniors housing properties, including the ownership of real estate properties, as well as provides management services.