Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Shares Gap Down - Here's What Happened

Key Points

• Boardwalk Real Estate Investment Trust's shares experienced a significant gap down, opening at $44.97, a decline from its previous close of $47.68.
• The company's stock is currently down 5.7%, with key financial metrics including a market cap of $2.21 billion and a P/E ratio of 13.11.
• In its latest earnings report, Boardwalk REIT reported earnings of $0.84 EPS and a revenue of $113.69 million with a robust net margin of 52.90%.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF - Get Free Report)'s stock price gapped down prior to trading on Thursday . The stock had previously closed at $47.68, but opened at $44.97. Boardwalk Real Estate Investment Trust shares last traded at $44.97, with a volume of 147 shares.

Boardwalk Real Estate Investment Trust Stock Down 5.7%

The stock's fifty day moving average price is $50.49 and its 200 day moving average price is $49.50. The stock has a market cap of $2.21 billion, a P/E ratio of 13.11 and a beta of 1.13. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.52.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $0.84 EPS for the quarter. The firm had revenue of $113.69 million for the quarter. Boardwalk Real Estate Investment Trust had a net margin of 52.90% and a return on equity of 6.79%.

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.

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