Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Hits New 52-Week Low – Here’s What Happened

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s share price hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $42.00 and last traded at $42.00, with a volume of 325 shares trading hands. The stock had previously closed at $42.60.

Boardwalk Real Estate Investment Trust Trading Up 3.1%

The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.20 and a current ratio of 0.20. The firm has a market cap of $1.95 billion, a PE ratio of 12.17 and a beta of 0.94. The stock’s 50 day simple moving average is $44.70 and its 200 day simple moving average is $46.10.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last issued its quarterly earnings results on Tuesday, July 28th. The financial services provider reported ($0.21) EPS for the quarter. The company had revenue of $116.24 million during the quarter. Boardwalk Real Estate Investment Trust had a negative return on equity of 0.65% and a negative net margin of 4.86%.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust is a Canadian real estate investment trust that owns, operates and manages residential rental properties. Its portfolio is primarily composed of apartment communities and multifamily housing, providing homes to individuals, families and other residential tenants.

The trust’s activities include leasing and managing rental units, maintaining and upgrading properties, and providing resident services designed to support the day-to-day operation of its communities.