Insider Buying: Inovalis Real Estate Investment Trust (TSE:INO.UN) Insider Buys 17,500 Shares of Stock

Inovalis Real Estate Investment Trust (TSE:INO.UN) insider Inovalis S.A. purchased 17,500 shares of the company’s stock in a transaction dated Friday, January 17th. The stock was bought at an average cost of C$0.88 per share, for a total transaction of C$15,380.75.

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

• On Friday, January 10th, Inovalis S.A. bought 12,000 shares of Inovalis Real Estate Investment Trust stock. The stock was purchased at an average price of C$0.93 per share, for a total transaction of C$11,120.40.
• On Friday, January 3rd, Inovalis S.A. purchased 4,000 shares of Inovalis Real Estate Investment Trust stock. The shares were purchased at an average cost of C$1.00 per share, with a total value 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 purchased at an average cost of C$0.90 per share, with a total value of C$900.00.
• On Friday, December 20th, Inovalis S.A. bought 127,000 shares of Inovalis Real Estate Investment Trust stock. The stock was acquired at an average price of C$0.88 per share, with a total value of C$111,760.00.
• On Friday, December 13th, Inovalis S.A. purchased 8,000 shares of Inovalis Real Estate Investment Trust stock. The shares were acquired at an average price of C$0.85 per share, for a total transaction of C$6,800.00.
• On Friday, December 6th, Inovalis S.A. acquired 6,500 shares of Inovalis Real Estate Investment Trust stock. The stock was acquired at an average price of C$0.80 per share, with a total value of C$5,220.15.

Inovalis Real Estate Investment Trust Stock Up 3.5 %

TSE INO.UN traded up C$0.03 during trading on Friday, hitting C$0.88. 29,232 shares of the company traded hands, compared to its average volume of 37,697. Inovalis Real Estate Investment Trust has a 12 month low of C$0.76 and a 12 month high of C$1.68. The business has a fifty day simple moving average of C$0.87 and a 200 day simple moving average of C$1.02. The company has a market capitalization of C$28.68 million, a P/E ratio of -0.42 and a beta of 1.78. The company has a current ratio of 0.55, a quick ratio of 0.32 and a debt-to-equity ratio of 100.22.

About Inovalis Real Estate Investment Trust

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.