InterRent Real Estate Investment Trust (OTCMKTS:IIPZF - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $9.32 and traded as low as $8.67. InterRent Real Estate Investment Trust shares last traded at $8.67, with a volume of 2,039 shares traded.
InterRent Real Estate Investment Trust Price Performance
The company has a 50-day moving average of $9.31 and a two-hundred day moving average of $9.07. The company has a market capitalization of $1.28 billion, a PE ratio of -433.27 and a beta of 0.76. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.14 and a quick ratio of 2.14.
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.
Further Reading
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