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

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s share price hit a new 52-week low during trading on Thursday. The company traded as low as $42.19 and last traded at $42.19, with a volume of 100 shares traded. The stock had previously closed at $43.22.

Boardwalk Real Estate Investment Trust Price Performance

The company has a market cap of $1.90 billion, a price-to-earnings ratio of -57.01 and a beta of 0.94. The company’s 50 day moving average price is $45.22 and its 200 day moving average price is $46.26. 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 issued its quarterly earnings results on Tuesday, July 28th. The financial services provider reported ($0.21) earnings per share (EPS) for the quarter. The firm had revenue of $116.24 million 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%.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust is a Canadian real estate investment trust that owns, operates and manages residential rental properties. Its portfolio is primarily composed of apartment communities and multifamily housing, providing homes to individuals, families and other residential tenants.

The trust’s activities include leasing and managing rental units, maintaining and upgrading properties, and providing resident services designed to support the day-to-day operation of its communities.