Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Reaches New 1-Year Low – What’s Next?

Shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) reached a new 52-week low on Wednesday . The stock traded as low as $43.49 and last traded at $43.65, with a volume of 1157 shares trading hands. The stock had previously closed at $44.09.

Analyst Upgrades and Downgrades

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

Boardwalk Real Estate Investment Trust Trading Down 1.0 %

The stock has a market capitalization of $2.16 billion, a P/E ratio of 4.41 and a beta of 1.54. The stock’s 50 day moving average price is $48.33 and its 200-day moving average price is $55.20. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.56.

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.