Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Stock Passes Below 50-Day Moving Average – What’s Next?

Shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $50.57 and traded as low as $47.68. Boardwalk Real Estate Investment Trust shares last traded at $47.68, with a volume of 100 shares changing hands.

Boardwalk Real Estate Investment Trust Trading Down 0.6%

The firm has a market capitalization of $2.34 billion, a PE ratio of 13.90 and a beta of 1.13. The company’s 50-day simple moving average is $50.57 and its 200 day simple moving average is $49.52. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.52.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last released its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $0.84 EPS for the quarter. The business had revenue of $113.69 million during the quarter. Boardwalk Real Estate Investment Trust had a net margin of 52.90% and a return on equity of 6.79%.

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.