Invesque (TSE:IVQ.U) Price Target Lowered to C$6.25 at National Bank Financial

Invesque (TSE:IVQ.U) had its price target cut by National Bank Financial from C$6.50 to C$6.25 in a research report sent to investors on Monday, BayStreet.CA reports. They currently have a sector perform rating on the stock.

Separately, CIBC lowered their price objective on shares of Invesque from C$7.75 to C$7.25 in a research report on Monday, August 19th.

Shares of Invesque stock traded up C$0.03 on Monday, reaching C$6.90. 10,600 shares of the company were exchanged. The stock has a fifty day moving average price of C$6.85 and a 200-day moving average price of C$6.92. The company has a current ratio of 0.98, a quick ratio of 0.74 and a debt-to-equity ratio of 145.69. Invesque has a fifty-two week low of C$6.00 and a fifty-two week high of C$8.00. The firm has a market capitalization of $374.56 million and a price-to-earnings ratio of -10.57.

The company also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 15th were given a $0.0614 dividend. This represents a $0.74 dividend on an annualized basis and a dividend yield of 10.68%. The ex-dividend date of this dividend was Wednesday, October 30th. Invesque’s payout ratio is -113.32%.

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.

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