Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Hits New 52-Week Low – What’s Next?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) hit a new 52-week low on Wednesday. The stock traded as low as $42.00 and last traded at $42.00, with a volume of 325 shares trading hands. The stock had previously closed at $42.60.

Boardwalk Real Estate Investment Trust Stock Performance

The company’s 50 day simple moving average is $44.85 and its 200 day simple moving average is $46.15. The stock has a market cap of $1.89 billion, a PE ratio of -56.76 and a beta of 0.94. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.20 and a current ratio of 0.20.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last posted its quarterly earnings results on Tuesday, July 28th. The financial services provider reported ($0.21) EPS for the quarter. Boardwalk Real Estate Investment Trust had a negative return on equity of 0.65% and a negative net margin of 4.86%. The company had revenue of $116.24 million during the quarter.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust is a Canadian real estate investment trust that owns, operates and manages residential rental properties. Its portfolio is primarily composed of apartment communities and multifamily housing, providing homes to individuals, families and other residential tenants.

The trust’s activities include leasing and managing rental units, maintaining and upgrading properties, and providing resident services designed to support the day-to-day operation of its communities.