Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Stock Passes Below 200-Day Moving Average – What’s Next?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $55.92 and traded as low as $47.68. Boardwalk Real Estate Investment Trust shares last traded at $47.84, with a volume of 892 shares.

Boardwalk Real Estate Investment Trust Stock Performance

The stock has a market capitalization of $2.58 billion, a PE ratio of 4.83 and a beta of 1.51. The business’s 50 day moving average is $52.70 and its 200 day moving average is $55.92. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.56.

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.