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

Key Points

• Boardwalk Real Estate Investment Trust's stock price gapped up from $44.97 to $46.17 before trading on Friday, reflecting a 2.6% increase.
• The company reported earnings of $0.84 per share with a revenue of $113.69 million for the last quarter, achieving a net margin of 52.90%.
• Boardwalk REIT operates over 200 communities with more than 34,000 residential suites, emphasizing its role as a leading multi-family rental community provider in Canada.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $44.97, but opened at $46.17. Boardwalk Real Estate Investment Trust shares last traded at $46.16, with a volume of 240 shares trading hands.

Boardwalk Real Estate Investment Trust Trading Up 2.6%

The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.52. The company has a fifty day simple moving average of $50.35 and a 200-day simple moving average of $49.49. The company has a market capitalization of $2.27 billion, a PE ratio of 13.46 and a beta of 1.13.

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

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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