Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $44.51 and traded as high as $46.27. Boardwalk Real Estate Investment Trust shares last traded at $46.27, with a volume of 40,444 shares trading hands.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets lowered Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a 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 company has a market capitalization of $2.26 billion, a P/E ratio of 6.88 and a beta of 1.57. The firm has a fifty day moving average of $44.58 and a 200 day moving average of $50.26.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last announced its quarterly earnings results on Thursday, February 20th. The financial services provider reported $0.79 EPS for the quarter. The firm had revenue of $113.54 million during the quarter. Boardwalk Real Estate Investment Trust had a net margin of 97.89% and a return on equity of 12.49%.

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.