Invesque (TSE:IVQ.U) Stock Passes Below 50-Day Moving Average – Here’s Why

Shares of Invesque Inc (TSE:IVQ.UGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.12 and traded as low as C$0.09. Invesque shares last traded at C$0.09, with a volume of 7,000 shares trading hands.

Invesque Price Performance

The company has a quick ratio of 0.35, a current ratio of 0.77 and a debt-to-equity ratio of 471.30. The firm has a market capitalization of C$5.06 million, a PE ratio of -0.10 and a beta of 1.40. The business has a 50-day moving average price of C$0.12 and a 200-day moving average price of C$0.10.

About Invesque

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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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