Invesque (TSE:IVQ.U) Hits New 1-Year Low – What’s Next?

Invesque Inc (TSE:IVQ.UGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 8000 shares trading hands. The stock had previously closed at C$0.07.

Invesque Trading Down 6.7%

The firm has a market capitalization of C$63.95 million, a price-to-earnings ratio of -1.75 and a beta of 1.01. The business’s fifty day moving average is C$0.09 and its 200 day moving average is C$0.09. The company has a quick ratio of 0.35, a current ratio of 0.77 and a debt-to-equity ratio of 471.30.

About Invesque

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Invesque is a North American health care real estate company with an investment thesis focused on the premise that an aging demographic will continue to utilize health care services in growing proportion to the overall economy. The Company currently capitalizes on this opportunity by investing in a portfolio of income-generating, private pay seniors housing communities. Invesque’s portfolio includes investments in independent living, assisted living, and memory care, which are operated under joint venture arrangements with industry-leading operating partners and in owner-occupied seniors housing properties in which the Company owns the real estate, and the licensed operations.

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