Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Hits New 12-Month Low – Here’s What Happened

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s share price hit a new 52-week low on Tuesday . The company traded as low as $42.69 and last traded at $42.69, with a volume of 1297 shares trading hands. The stock had previously closed at $42.80.

Wall Street Analyst Weigh In

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

Boardwalk Real Estate Investment Trust Trading Down 0.4 %

The company has a 50 day moving average of $47.17 and a 200 day moving average of $54.75. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.29 and a current ratio of 0.29. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 4.34 and a beta of 1.54.

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.