InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $7.27 and last traded at $7.32, with a volume of 699 shares changing hands. The stock had previously closed at $7.27.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on IIPZF shares. TD Securities upgraded shares of InterRent Real Estate Investment Trust from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 6th. Cibc World Mkts raised shares of InterRent Real Estate Investment Trust from a "hold" rating to a "strong-buy" rating in a report on Wednesday, November 6th. Finally, Canaccord Genuity Group raised InterRent Real Estate Investment Trust from a "hold" rating to a "strong-buy" rating in a report on Tuesday, November 5th.
Read Our Latest Stock Analysis on IIPZF
InterRent Real Estate Investment Trust Stock Up 0.7 %
The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.19. The firm has a market capitalization of $1.08 billion, a PE ratio of -66.09 and a beta of 0.73. The company has a fifty day moving average price of $8.23 and a 200-day moving average price of $8.85.
InterRent Real Estate Investment Trust Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider InterRent Real Estate Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and InterRent Real Estate Investment Trust wasn't on the list.
While InterRent Real Estate Investment Trust currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
