InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report) was upgraded by investment analysts at TD Securities from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Wednesday,Zacks.com reports.
Other research analysts have also recently issued research reports about the stock. Cibc World Mkts upgraded shares of InterRent Real Estate Investment Trust from a "hold" rating to a "strong-buy" rating in a report on Wednesday. Canaccord Genuity Group upgraded shares of InterRent Real Estate Investment Trust from a "hold" rating to a "strong-buy" rating in a report on Tuesday.
Get Our Latest Analysis on IIPZF
InterRent Real Estate Investment Trust Stock Down 2.8 %
OTCMKTS IIPZF traded down $0.22 on Wednesday, hitting $7.73. 100 shares of the stock were exchanged, compared to its average volume of 351. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.64. InterRent Real Estate Investment Trust has a fifty-two week low of $7.73 and a fifty-two week high of $10.14. The company has a market cap of $1.14 billion, a PE ratio of -70.27 and a beta of 0.78. The company has a 50-day moving average price of $9.19 and a 200-day moving average price of $9.06.
About InterRent Real Estate Investment Trust
(
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InterRent?REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution?through the acquisition and ownership of multi-residential properties. InterRent's strategy is to expand its portfolio primarily within?markets that have exhibited stable market vacancies,?sufficient suites available to attain the critical mass necessary to implement?an efficient portfolio management structure, and?offer opportunities for accretive acquisitions.
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