Insider Buying: Inovalis Real Estate Investment Trust (TSE:INO.UN) Insider Buys 12,000 Shares of Stock

Inovalis Real Estate Investment Trust (TSE:INO.UN) insider Inovalis S.A. purchased 12,000 shares of the firm’s stock in a transaction on Friday, January 10th. The stock was bought at an average cost of C$0.93 per share, for a total transaction of C$11,120.40.

Inovalis S.A. also recently made the following trade(s):

• On Friday, January 3rd, Inovalis S.A. purchased 4,000 shares of Inovalis Real Estate Investment Trust stock. The stock was bought at an average cost of C$1.00 per share, for a total transaction of C$3,987.60.
• On Tuesday, December 24th, Inovalis S.A. purchased 1,000 shares of Inovalis Real Estate Investment Trust stock. The stock was bought at an average cost of C$0.90 per share, for a total transaction of C$900.00.
• On Friday, December 20th, Inovalis S.A. purchased 127,000 shares of Inovalis Real Estate Investment Trust stock. The stock was bought at an average cost of C$0.88 per share, for a total transaction of C$111,760.00.
• On Friday, December 13th, Inovalis S.A. bought 8,000 shares of Inovalis Real Estate Investment Trust stock. The shares were acquired at an average cost of C$0.85 per share, for a total transaction of C$6,800.00.
• On Friday, December 6th, Inovalis S.A. bought 6,500 shares of Inovalis Real Estate Investment Trust stock. The shares were acquired at an average cost of C$0.80 per share, for a total transaction of C$5,220.15.

Inovalis Real Estate Investment Trust Trading Down 2.2 %

Shares of INO.UN traded down C$0.02 during mid-day trading on Friday, hitting C$0.89. 38,451 shares of the company’s stock traded hands, compared to its average volume of 39,133. The company has a quick ratio of 0.32, a current ratio of 0.55 and a debt-to-equity ratio of 100.22. Inovalis Real Estate Investment Trust has a 1 year low of C$0.76 and a 1 year high of C$1.71. The firm has a market capitalization of C$29.01 million, a P/E ratio of -0.43 and a beta of 1.78. The business’s 50-day moving average price is C$0.88 and its 200-day moving average price is C$1.02.

Inovalis Real Estate Investment Trust Company Profile

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria.