Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Sets New 12-Month Low – Time to Sell?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) reached a new 52-week low during mid-day trading on Thursday. The company traded as low as $42.69 and last traded at $42.69, with a volume of 100 shares traded. The stock had previously closed at $43.46.

Boardwalk Real Estate Investment Trust Price Performance

The company has a market capitalization of $1.94 billion, a PE ratio of -57.69 and a beta of 0.91. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.62. The firm’s 50-day moving average is $45.61 and its 200-day moving average is $46.41.

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