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Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Stock Passes Below Fifty Day Moving Average - Here's What Happened

Boardwalk Real Estate Investment Trust logo with Finance background

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF - Get Free Report)'s share 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 1.2 %

The business's 50 day simple moving average is $61.94 and its 200-day simple moving average is $56.59. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.04 and a quick ratio of 0.04. The stock has a market capitalization of $2.68 billion, a P/E ratio of 4.66 and a beta of 1.51.

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

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.

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