Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Shares Gap Up – Here’s Why

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s share price gapped up prior to trading on Friday . The stock had previously closed at $44.97, but opened at $46.17. Boardwalk Real Estate Investment Trust shares last traded at $46.16, with a volume of 240 shares.

Boardwalk Real Estate Investment Trust Stock Performance

The firm has a 50 day moving average of $50.25 and a 200-day moving average of $49.51. The stock has a market capitalization of $2.48 billion, a PE ratio of 13.59 and a beta of 1.13. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.12 and a current ratio of 0.12.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last announced its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $0.84 earnings per share (EPS) for the quarter. The firm had revenue of $113.69 million during the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 6.79% and a net margin of 52.90%.

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.