Invesque (TSE:IVQ) Shares Down 9.7%

Shares of Invesque Inc. (TSE:IVQ) dropped 9.7% on Thursday . The company traded as low as C$0.14 and last traded at C$0.14. Approximately 901 shares were traded during trading, a decline of 93% from the average daily volume of 13,444 shares. The stock had previously closed at C$0.16.

Invesque Price Performance

The company has a debt-to-equity ratio of 471.30, a current ratio of 0.77 and a quick ratio of 0.35. The firm has a market capitalization of C$7.86 million, a P/E ratio of -0.11 and a beta of 1.44. The stock’s fifty day simple moving average is C$0.21 and its 200 day simple moving average is C$0.25.

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

About Invesque

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.