Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

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 changing hands.

Analyst Ratings Changes

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

Boardwalk Real Estate Investment Trust Stock Performance

The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.56. The firm has a 50 day moving average price of $44.51 and a 200 day moving average price of $50.39. The stock has a market cap of $2.26 billion, a PE ratio of 6.88 and a beta of 1.57.

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

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.