Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $48.59 and traded as high as $49.61. Boardwalk Real Estate Investment Trust shares last traded at $49.61, with a volume of 121 shares.

Boardwalk Real Estate Investment Trust Stock Performance

The firm’s fifty day moving average price is $48.59 and its 200 day moving average price is $48.46. The firm has a market cap of $2.41 billion, a P/E ratio of 16.06 and a beta of 0.94. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.04 and a current ratio of 0.04.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust is a Canada-based residential landlord specializing in multi-family rental apartments and manufactured home communities. The trust’s business model centers on acquiring, developing and managing residential properties that deliver stable, long-term cash flows. Boardwalk’s portfolio has historically included tens of thousands of residential suites and home sites spread across key Canadian markets.

The company’s core activities encompass property acquisition, asset management, and day-to-day property operations.