Invesque (TSE:IVQ) Trading Down 4.5% – Here’s Why

Invesque Inc. (TSE:IVQ)’s share price fell 4.5% on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. 1,332 shares traded hands during trading, a decline of 99% from the average session volume of 108,032 shares. The stock had previously closed at C$0.11.

Invesque Stock Performance

The company has a debt-to-equity ratio of 471.30, a current ratio of 0.77 and a quick ratio of 0.35. The stock has a 50-day moving average price of C$0.12 and a 200-day moving average price of C$0.16. The firm has a market capitalization of C$5.89 million, a PE ratio of -0.08 and a beta of 1.40.

Invesque (TSE:IVQ) last posted its quarterly earnings data on Thursday, November 7th. The company reported C($0.17) earnings per share (EPS) for the quarter. Invesque had a negative return on equity of 36.28% and a negative net margin of 33.48%. The business had revenue of C$57.82 million for the quarter. On average, research analysts expect that Invesque Inc. will post 0.63 EPS for the current fiscal year.

Invesque Company Profile

Invesque Inc operates as a health care real estate company in North America. The company's investment property portfolio includes investments in independent living, assisted living, memory care, skilled nursing, and transitional care properties. It also includes investments in owner occupied seniors housing properties, including the ownership of real estate properties, as well as provides management services.