Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Shares Gap Up – Time to Buy?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $44.50, but opened at $47.20. Boardwalk Real Estate Investment Trust shares last traded at $47.20, with a volume of 100 shares traded.

Boardwalk Real Estate Investment Trust Stock Performance

The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.50. The firm’s fifty day moving average price is $45.69 and its two-hundred day moving average price is $49.20. The stock has a market capitalization of $2.28 billion, a PE ratio of 15.08 and a beta of 0.93.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last released its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $0.48 EPS for the quarter. Boardwalk Real Estate Investment Trust had a net margin of 49.45% and a return on equity of 6.35%.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust is a Canada-based residential landlord specializing in multi-family rental apartments and manufactured home communities. The trust’s business model centers on acquiring, developing and managing residential properties that deliver stable, long-term cash flows. Boardwalk’s portfolio has historically included tens of thousands of residential suites and home sites spread across key Canadian markets.

The company’s core activities encompass property acquisition, asset management, and day-to-day property operations.