Invesque (TSE:IVQ) Shares Down 8.3% – Time to Sell?

Invesque Inc. (TSE:IVQ) shares traded down 8.3% during mid-day trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. 212,639 shares were traded during mid-day trading, an increase of 48% from the average session volume of 143,654 shares. The stock had previously closed at C$0.12.

Invesque Price Performance

The company has a current ratio of 0.77, a quick ratio of 0.35 and a debt-to-equity ratio of 471.30. The company has a market capitalization of C$7.02 million, a P/E ratio of -0.10 and a beta of 1.40. The company has a 50 day moving average price of C$0.12 and a 200 day moving average price of C$0.16.

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

Invesque Company Profile

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.