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

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

Analyst Upgrades and Downgrades

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

Boardwalk Real Estate Investment Trust Trading Up 0.6 %

The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.29 and a current ratio of 0.29. The company’s 50-day moving average price is $49.44 and its 200-day moving average price is $55.40. The firm has a market capitalization of $2.20 billion, a PE ratio of 4.50 and a beta of 1.51.

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.