Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Shares Gap Up – Here’s Why

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $44.50, but opened at $47.20. Boardwalk Real Estate Investment Trust shares last traded at $47.20, with a volume of 100 shares changing hands.

Boardwalk Real Estate Investment Trust Stock Performance

The company has a debt-to-equity ratio of 0.50, a current ratio of 0.12 and a quick ratio of 0.12. The business has a 50-day moving average of $45.74 and a 200-day moving average of $49.25. The company has a market capitalization of $2.51 billion, a P/E ratio of 15.22 and a beta of 0.93.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last issued its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $0.48 EPS for the quarter. Boardwalk Real Estate Investment Trust had a net margin of 49.45% and a return on equity of 6.35%.

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.