Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Stock Passes Below 200-Day Moving Average of $53.24

Shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFFGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $53.24 and traded as low as $52.67. Boardwalk Real Estate Investment Trust shares last traded at $52.72, with a volume of 4,691 shares.

Wall Street Analysts Forecast Growth

Separately, Scotiabank raised Boardwalk Real Estate Investment Trust to a “hold” rating in a report on Friday, May 10th.

Read Our Latest Analysis on Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust Price Performance

The company has a quick ratio of 0.59, a current ratio of 0.09 and a debt-to-equity ratio of 0.11. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 4.47 and a beta of 1.45. The company has a fifty day simple moving average of $53.10 and a two-hundred day simple moving average of $53.24.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFFGet Free Report) last posted its earnings results on Tuesday, May 7th. The financial services provider reported $4.62 earnings per share for the quarter. The company had revenue of $107.71 million for the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 17.93% and a net margin of 134.22%.

Boardwalk Real Estate Investment Trust Company Profile

(Get Free Report)

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.

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