Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Sets New 12-Month Low – Should You Sell?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $43.63 and last traded at $44.32, with a volume of 3760 shares trading hands. The stock had previously closed at $44.27.

Analysts Set New Price Targets

Separately, BMO Capital Markets cut Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th.

Boardwalk Real Estate Investment Trust Trading Up 0.1 %

The business’s 50-day moving average price is $49.96 and its 200-day moving average price is $55.50. The firm has a market capitalization of $2.19 billion, a PE ratio of 4.48 and a beta of 1.51. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.29 and a quick ratio of 0.29.

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.