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

Key Points

• Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) stock crossed above its 50-day moving average of $51.34, reaching a high of $52.25 during trading, indicating positive momentum.
• The company reported a net margin of 52.90% and earnings of $0.84 per share for the last quarter, with a revenue of $113.69 million.
• Boardwalk REIT is a significant player in the Canadian market, operating over 200 communities and managing more than 34,000 residential suites.

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 $51.34 and traded as high as $52.25. Boardwalk Real Estate Investment Trust shares last traded at $52.17, with a volume of 16,901 shares.

Boardwalk Real Estate Investment Trust Price Performance

The company has a market cap of $2.55 billion, a price-to-earnings ratio of 15.14 and a beta of 1.14. The company has a fifty day simple moving average of $51.40 and a two-hundred day simple moving average of $47.51. The company has a quick ratio of 0.12, a current 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 data 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%.

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.