Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Sets New 52-Week Low – What’s Next?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s stock price reached a new 52-week low on Monday . The company traded as low as $41.49 and last traded at $42.99, with a volume of 1660 shares trading hands. The stock had previously closed at $43.38.

Wall Street Analyst Weigh In

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

Boardwalk Real Estate Investment Trust Price Performance

The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.56. The business’s 50 day moving average price is $45.15 and its two-hundred day moving average price is $53.75. The stock has a market cap of $2.25 billion, a P/E ratio of 4.61 and a beta of 1.53.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last posted its quarterly earnings data on Tuesday, November 5th. The financial services provider reported $0.82 earnings per share for the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 15.06% and a net margin of 117.99%. The business had revenue of $112.46 million for the quarter.

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.