InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) Shares Cross Below Fifty Day Moving Average – What’s Next?

InterRent Real Estate Investment Trust (OTCMKTS:IIPZF) passed below its 50 day moving average during trading on Thursday . The stock has a 50 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 quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of -433.27 and a beta of 0.76. The stock’s 50 day moving average price is $9.31 and its two-hundred day moving average price is $9.07.

InterRent Real Estate Investment Trust Company Profile

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.