Invesque (TSE:IVQ.U) Stock Price Up 27.8% – Here’s What Happened

Invesque Inc (TSE:IVQ.U) shares traded up 27.8% during trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.12. 228,214 shares were traded during mid-day trading, an increase of 26% from the average session volume of 180,628 shares. The stock had previously closed at C$0.09.

Invesque Stock Performance

The stock has a market cap of C$6.47 million, a price-to-earnings ratio of -0.13 and a beta of 1.40. The stock’s 50-day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.11. The company has a debt-to-equity ratio of 471.30, a quick ratio of 0.35 and a current ratio of 0.77.

About Invesque

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.