Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Shares Pass Below Fifty Day Moving Average – What’s Next?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $62.04 and traded as low as $54.94. Boardwalk Real Estate Investment Trust shares last traded at $54.94, with a volume of 1,505 shares changing hands.

Boardwalk Real Estate Investment Trust Trading Down 1.8 %

The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 5.58 and a beta of 1.51. The business has a 50 day moving average of $61.81 and a 200 day moving average of $56.61. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.11.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last released its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $1.70 earnings per share (EPS) for the quarter. The company had revenue of $108.95 million for the quarter. Boardwalk Real Estate Investment Trust had a net margin of 118.04% and a return on equity of 15.40%.

About Boardwalk Real Estate Investment Trust

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.