Inovalis Real Estate Investment Trust (TSE:INO.UN) Shares Pass Below 200-Day Moving Average – Should You Sell?

Shares of Inovalis Real Estate Investment Trust (TSE:INO.UN) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.02 and traded as low as C$0.91. Inovalis Real Estate Investment Trust shares last traded at C$0.91, with a volume of 20,960 shares trading hands.

Inovalis Real Estate Investment Trust Stock Down 3.2 %

The company’s fifty day simple moving average is C$0.87 and its 200-day simple moving average is C$1.02. The firm has a market capitalization of C$29.66 million, a PE ratio of -0.44 and a beta of 1.78. The company has a debt-to-equity ratio of 100.22, a current ratio of 0.55 and a quick ratio of 0.32.

Insider Transactions at Inovalis Real Estate Investment Trust

In other Inovalis Real Estate Investment Trust news, insider Inovalis S.A. acquired 127,000 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was acquired at an average cost of C$0.88 per share, for a total transaction of C$111,760.00. Insiders have purchased 201,500 shares of company stock worth $177,479 over the last quarter. 0.65% of the stock is currently owned by insiders.

About Inovalis Real Estate Investment Trust

Inovalis Real Estate Investment Trust is a Canada based open-ended real estate investment trust. The REIT Properties consist of office properties that are used for the rental of office space leased to corporate clients in urban areas. Its properties portfolio includes office rental properties located in France and Germany.