Invesque (TSE:IVQ) Stock Price Down 8.3% – Here’s What Happened

Invesque Inc. (TSE:IVQ) fell 8.3% during trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. 212,639 shares traded hands during trading, an increase of 48% from the average session volume of 143,654 shares. The stock had previously closed at C$0.12.

Invesque Price Performance

The company has a current ratio of 0.77, a quick ratio of 0.35 and a debt-to-equity ratio of 471.30. The company has a fifty day moving average price of C$0.12 and a two-hundred day moving average price of C$0.16. The firm has a market cap of C$7.02 million, a P/E ratio of -0.10 and a beta of 1.40.

Invesque (TSE:IVQ) last announced its quarterly earnings results on Thursday, November 7th. The company reported C($0.17) earnings per share for the quarter. Invesque had a negative net margin of 33.48% and a negative return on equity of 36.28%. The company had revenue of C$57.82 million during the quarter. Equities analysts anticipate that Invesque Inc. will post 0.63 earnings per share for the current 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.