Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Shares Gap Down – What’s Next?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $48.27, but opened at $45.18. Boardwalk Real Estate Investment Trust shares last traded at $48.59, with a volume of 1,800 shares.

Boardwalk Real Estate Investment Trust Stock Up 0.7%

The stock’s fifty day moving average price is $48.98 and its 200-day moving average price is $48.36. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of 18.83 and a beta of 0.94.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last released its earnings results on Thursday, February 19th. The financial services provider reported $0.86 earnings per share for the quarter. Boardwalk Real Estate Investment Trust had a net margin of 30.45% and a return on equity of 3.91%. The business had revenue of $118.25 million during the quarter.

Boardwalk Real Estate Investment Trust Company Profile

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.