Invesque (TSE:IVQ) Shares Down 4.5% – Here’s What Happened

Invesque Inc. (TSE:IVQ) shares traded down 4.5% during mid-day trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. 1,332 shares changed 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 Down 4.5 %

The company has a quick ratio of 0.35, a current ratio of 0.77 and a debt-to-equity ratio of 471.30. The firm’s 50-day moving average price is C$0.12 and its 200 day moving average price is C$0.16. The firm has a market cap of C$5.89 million, a P/E ratio of -0.08 and a beta of 1.40.

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

About Invesque

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.