Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $44.44 and traded as high as $45.49. Boardwalk Real Estate Investment Trust shares last traded at $45.49, with a volume of 62,938 shares changing hands.

Analysts Set New Price Targets

Separately, BMO Capital Markets cut shares of 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 Stock Up 0.7 %

The company has a market cap of $2.23 billion, a PE ratio of 4.59 and a beta of 1.53. The business has a 50-day simple moving average of $44.44 and a 200-day simple moving average of $53.05. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.56.

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.