Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Hits New 52-Week Low – Here’s What Happened

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s share price reached a new 52-week low on Thursday . The stock traded as low as $43.2850 and last traded at $43.2850, with a volume of 100 shares changing hands. The stock had previously closed at $43.73.

Boardwalk Real Estate Investment Trust Price Performance

The business’s fifty day moving average price is $45.96 and its 200-day moving average price is $46.55. The company has a market capitalization of $1.97 billion, a P/E ratio of -58.49 and a beta of 0.91. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.62.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last released its earnings results on Tuesday, July 28th. The financial services provider reported ($0.21) EPS for the quarter. Boardwalk Real Estate Investment Trust had a negative net margin of 4.86% and a negative return on equity of 0.65%. The firm had revenue of $116.24 million during the quarter.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust is a Canadian real estate investment trust focused on the ownership and operation of multi-family residential rental properties. The trust provides apartment homes to individuals and families and manages the day-to-day operations of its communities, including leasing, resident services, maintenance and property improvements.

Boardwalk’s portfolio is concentrated in Canada, with residential communities located primarily in Alberta, Saskatchewan, Ontario and Quebec.