Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Sees Large Volume Increase – Should You Buy?

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) saw unusually-strong trading volume on Wednesday . Approximately 290 shares changed hands during mid-day trading, a decline of 21% from the previous session’s volume of 367 shares.The stock last traded at $50.16 and had previously closed at $48.82.

Boardwalk Real Estate Investment Trust Trading Up 0.2%

The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.04 and a current ratio of 0.04. The business has a fifty day simple moving average of $46.12 and a 200 day simple moving average of $48.81. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 16.12 and a beta of 0.93.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last issued its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 6.30% and a net margin of 49.45%.

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.