Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Shares Gap Up - Should You Buy?

Key Points

• Boardwalk Real Estate Investment Trust shares opened at $51.67, a significant gap up from the previous close of $48.04, with a trading volume of 250 shares.
• The company reported earnings of $0.84 per share for the last quarter, achieving a net margin of 52.90% and revenue of $113.69 million.
• Boardwalk REIT manages over 34,000 residential suites across more than 200 communities, highlighting its role as a major player in the Canadian multi-family rental market.

Shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $48.04, but opened at $51.67. Boardwalk Real Estate Investment Trust shares last traded at $51.67, with a volume of 250 shares.

Boardwalk Real Estate Investment Trust Stock Performance

The firm's fifty day moving average price is $51.36 and its 200 day moving average price is $47.48. The stock has a market capitalization of $2.75 billion, a price-to-earnings ratio of 15.06 and a beta of 1.14. 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 announced its earnings results on Tuesday, July 29th. The financial services provider reported $0.84 earnings per share for the quarter. Boardwalk Real Estate Investment Trust had a net margin of 52.90% and a return on equity of 6.79%. The firm had revenue of $113.69 million for the quarter.

About Boardwalk Real Estate Investment Trust

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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