Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Hits New 52-Week Low – Time to Sell?

Shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $43.49 and last traded at $43.65, with a volume of 1157 shares. The stock had previously closed at $44.09.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets downgraded 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 Stock Down 1.0 %

The company’s 50 day moving average is $48.33 and its 200 day moving average is $55.20. The company has a market cap of $2.16 billion, a PE ratio of 4.41 and a beta of 1.54. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.56.

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.