Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Announces Earnings Results

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) released its quarterly earnings data on Tuesday. The financial services provider reported $0.86 EPS for the quarter, Zacks reports. Boardwalk Real Estate Investment Trust had a negative net margin of 4.86% and a negative return on equity of 0.65%.

Boardwalk Real Estate Investment Trust Price Performance

Shares of Boardwalk Real Estate Investment Trust stock remained flat at $44.85 during trading hours on Tuesday. 25,832 shares of the stock were exchanged, compared to its average volume of 8,516. The business’s 50 day simple moving average is $44.07 and its 200 day simple moving average is $46.61. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.20 and a current ratio of 0.20. The stock has a market cap of $2.02 billion, a PE ratio of 13.00 and a beta of 0.88. Boardwalk Real Estate Investment Trust has a 12-month low of $42.00 and a 12-month high of $51.00.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust is a Canadian real estate investment trust focused on owning, operating and managing multi-family rental communities. Its portfolio consists primarily of apartment buildings and related residential properties, with services centered on providing rental housing and managing the day-to-day operations of its communities.

Boardwalk serves residents in several Canadian provinces, including Alberta, Saskatchewan, Ontario and Quebec. The trust operates under the Boardwalk brand and offers a range of apartment housing options, supported by leasing, maintenance, resident services and property-management operations.

Founded in 1984, Boardwalk has developed into one of Canada’s prominent publicly traded residential landlords.