Invesque (TSE:IVQ.U) Stock Price Down 7.6%

Shares of Invesque Inc (TSE:IVQ.U) traded down 7.6% during mid-day trading on Monday . The company traded as low as C$1.62 and last traded at C$1.71. 23,580 shares changed hands during mid-day trading, an increase of 86% from the average session volume of 12,660 shares. The stock had previously closed at C$1.85.

A number of equities research analysts have recently issued reports on the company. National Bankshares lowered their target price on Invesque from C$3.00 to C$2.75 in a research note on Monday, July 19th. Canaccord Genuity raised their price objective on Invesque from C$2.90 to C$3.40 in a research note on Wednesday, June 2nd.

The company has a market cap of C$95.88 million and a price-to-earnings ratio of -0.76. The firm has a 50-day moving average price of C$2.29 and a 200 day moving average price of C$2.64. The company has a current ratio of 0.75, a quick ratio of 0.35 and a debt-to-equity ratio of 359.54.

About Invesque (TSE:IVQ.U)

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.

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