Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Stock Crosses Below 50-Day Moving Average - Here's Why

Key Points

• Boardwalk Real Estate Investment Trust's stock price has fallen below its 50-day moving average of $51.46, trading at $50.38 with a volume of 8,873 shares.
• For the most recent quarter, the company reported an EPS of $0.84 and a revenue of $113.69 million, showing a return on equity of 6.79% and a net margin of 52.90%.
• Boardwalk REIT operates over 200 communities in Canada, providing more than 34,000 residential suites, aiming to enhance community living.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF - Get Free Report)'s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $51.46 and traded as low as $50.35. Boardwalk Real Estate Investment Trust shares last traded at $50.38, with a volume of 8,873 shares.

Boardwalk Real Estate Investment Trust Stock Performance

The company has a 50-day moving average of $51.46 and a 200 day moving average of $49.16. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $2.47 billion, a PE ratio of 14.69 and a beta of 1.17.

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

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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