Inovalis Real Estate Investment Trust (TSE:INO.UN) Shares Cross Above 50-Day Moving Average of $10.08

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Inovalis Real Estate Investment Trust (TSE:INO.UN) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $10.08 and traded as high as $10.09. Inovalis Real Estate Investment Trust shares last traded at $10.06, with a volume of 10,742 shares.

The business’s 50 day moving average is C$10.08 and its two-hundred day moving average is C$10.15. The firm has a market cap of $229.34 million and a P/E ratio of 10.92. The company has a quick ratio of 0.27, a current ratio of 0.40 and a debt-to-equity ratio of 121.60.

About Inovalis Real Estate Investment Trust (TSE:INO.UN)

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria.

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