Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Sets New 1-Year Low – Should You Sell?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $42.69 and last traded at $42.69, with a volume of 1297 shares traded. The stock had previously closed at $42.80.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets cut shares of Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th.

Boardwalk Real Estate Investment Trust Price Performance

The stock has a fifty day simple moving average of $47.68 and a two-hundred day simple moving average of $54.98. The company has a market cap of $2.11 billion, a PE ratio of 4.31 and a beta of 1.54. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.56.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk REIT strives to be Canada’s friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.