Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Shares Cross Above 50 Day Moving Average – What’s Next?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $44.51 and traded as high as $46.27. Boardwalk Real Estate Investment Trust shares last traded at $46.27, with a volume of 40,444 shares.

Analyst Ratings Changes

Separately, BMO Capital Markets downgraded shares of Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th.

Boardwalk Real Estate Investment Trust Trading Up 2.3 %

The stock has a market cap of $2.26 billion, a PE ratio of 6.88 and a beta of 1.57. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.29 and a current ratio of 0.29. The stock has a fifty day moving average price of $44.51 and a 200 day moving average price of $50.39.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last posted its quarterly earnings data on Thursday, February 20th. The financial services provider reported $0.79 EPS for the quarter. Boardwalk Real Estate Investment Trust had a net margin of 97.89% and a return on equity of 12.49%. The company had revenue of $113.54 million during the quarter.

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.