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Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Stock Passes Above Fifty Day Moving Average - Time to Sell?

Boardwalk Real Estate Investment Trust logo with Finance background

Key Points

  • Boardwalk Real Estate Investment Trust's stock price recently surpassed its 50-day moving average of $51.46, reaching a high of $52.00 during trading.
  • The company reported $0.84 EPS for its last quarter, alongside a net margin of 52.90% and a revenue of $113.69 million.
  • Boardwalk REIT operates over 200 rental communities across Canada, managing more than 34,000 residential suites totaling over 29 million net rentable square feet.
  • Five stocks we like better than Boardwalk Real Estate Investment Trust.

Shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $51.46 and traded as high as $52.00. Boardwalk Real Estate Investment Trust shares last traded at $52.00, with a volume of 673 shares traded.

Boardwalk Real Estate Investment Trust Price Performance

The company has a debt-to-equity ratio of 0.52, a current ratio of 0.12 and a quick ratio of 0.12. The stock has a 50 day moving average price of $51.47 and a two-hundred day moving average price of $48.68. The firm has a market capitalization of $2.53 billion, a price-to-earnings ratio of 15.03 and a beta of 1.17.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF - Get Free Report) last released its earnings results on Tuesday, July 29th. The financial services provider reported $0.84 earnings per share (EPS) for the quarter. The firm 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%.

About Boardwalk Real Estate Investment Trust

(Get Free Report)

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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