Invesque (TSE:IVQ.U) Trading Up 27.8% – Should You Buy?

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

Invesque Stock Up 27.8 %

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

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.