Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Hits New 52-Week Low - Here's What Happened

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

Analyst Ratings Changes

Separately, BMO Capital Markets cut 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 Stock Down 1.4 %

The stock has a market cap of $2.22 billion, a price-to-earnings ratio of 4.54 and a beta of 1.53. The firm's 50-day moving average is $45.05 and its 200 day moving average is $53.69. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.29 and a quick ratio of 0.29.

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

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.