Invesque (TSE:IVQ.U) Trading 22.2% Higher – Time to Buy?

Invesque Inc (TSE:IVQ.U)’s share price shot up 22.2% during trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.11. 227,214 shares traded hands during trading, an increase of 26% from the average session volume of 180,588 shares. The stock had previously closed at C$0.09.

Invesque Trading Up 22.2 %

The business has a 50 day moving average of C$0.09 and a 200 day moving average of C$0.11. 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 firm has a market capitalization of C$6.19 million, a price-to-earnings ratio of -0.12 and a beta of 1.40.

Invesque Company Profile

Invesque Inc operates as a real estate investment company in Canada and the United States. The company invests in health care and senior living properties, such as post-acute transitional care, long-term care, memory care, assisted living, independent living, and medical office properties. As of December 31, 2018, it owns a portfolio of 98 health care and senior living properties.