Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF - Get Free Report) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 273,600 shares, an increase of 17.0% from the December 31st total of 233,900 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 195.4 days.
Analyst Upgrades and Downgrades
Separately, BMO Capital Markets lowered shares of Boardwalk Real Estate Investment Trust from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 18th.
Get Our Latest Stock Analysis on BOWFF
Boardwalk Real Estate Investment Trust Stock Performance
Shares of OTCMKTS:BOWFF traded up $1.31 during mid-day trading on Wednesday, reaching $44.30. 284 shares of the company traded hands, compared to its average volume of 638. Boardwalk Real Estate Investment Trust has a 52 week low of $41.49 and a 52 week high of $71.39. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.29 and a quick ratio of 0.29. The firm has a market cap of $2.19 billion, a PE ratio of 4.47 and a beta of 1.53. The company's 50 day moving average price is $45.25 and its 200-day moving average price is $53.81.
Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The financial services provider reported $0.82 earnings per share for the quarter. The company 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%.
About Boardwalk Real Estate Investment Trust
(
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.
Further Reading
Before you consider Boardwalk Real Estate Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Boardwalk Real Estate Investment Trust wasn't on the list.
While Boardwalk Real Estate Investment Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
