InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) Stock Crosses Below 50-Day Moving Average of $9.05

InterRent Real Estate Investment Trust (OTCMKTS:IIPZFGet Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.05 and traded as low as $9.00. InterRent Real Estate Investment Trust shares last traded at $9.00, with a volume of 283 shares trading hands.

InterRent Real Estate Investment Trust Stock Performance

The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.66. The business’s 50 day moving average is $9.05 and its two-hundred day moving average is $9.56. The company has a market cap of $1.31 billion, a PE ratio of 50.00 and a beta of 0.75.

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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