Invesque (TSE:IVQ.U) Reaches New 12-Month Low – Time to Sell?

Shares of Invesque Inc (TSE:IVQ.U – Get Free Report) reached a new 52-week low during mid-day trading on Friday. The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 64000 shares. The stock had previously closed at C$0.07.

Invesque Stock Down 6.7%

The company’s fifty day simple moving average is C$0.08 and its 200 day simple 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. The firm has a market capitalization of C$63.95 million, a PE ratio of -1.75 and a beta of 1.01.

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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