Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Shares Cross Below 50-Day Moving Average – Time to Sell?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $62.04 and traded as low as $54.94. Boardwalk Real Estate Investment Trust shares last traded at $54.94, with a volume of 1,505 shares changing hands.

Boardwalk Real Estate Investment Trust Stock Down 1.8 %

The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.04 and a current ratio of 0.04. The company has a market capitalization of $2.63 billion, a PE ratio of 5.58 and a beta of 1.51. The firm’s 50-day simple moving average is $61.81 and its 200 day simple moving average is $56.61.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last issued its earnings results on Tuesday, July 30th. The financial services provider reported $1.70 earnings per share (EPS) for the quarter. The company had revenue of $108.95 million during the quarter. Boardwalk Real Estate Investment Trust had a net margin of 118.04% and a return on equity of 15.40%.

Boardwalk Real Estate Investment Trust Company Profile

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.