Invesque (TSE:IVQ) Trading Up 16.7% – Here’s What Happened

Invesque Inc. (TSE:IVQ)’s stock price was up 16.7% during mid-day trading on Friday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 4,500 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 16,846 shares. The stock had previously closed at C$0.12.

Invesque Stock Performance

The firm has a market cap of C$5.61 million, a price-to-earnings ratio of -0.11 and a beta of 1.40. 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 stock has a fifty day moving average price of C$0.16 and a 200-day moving average price of C$0.21.

Invesque (TSE:IVQ) last announced its quarterly earnings data on Thursday, August 8th. The company reported C($0.37) earnings per share for the quarter. Invesque had a negative return on equity of 36.28% and a negative net margin of 33.48%. The business had revenue of C$58.97 million for the quarter. On average, analysts expect that Invesque Inc. will post 0.63 earnings per share for the current fiscal year.

Invesque Company Profile

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.