Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Upgraded at Colliers Securities

Colliers Securities upgraded shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) to a hold rating in a report released on Thursday,Zacks.com reports.

Boardwalk Real Estate Investment Trust Stock Up 1.5%

Shares of Boardwalk Real Estate Investment Trust stock opened at $49.68 on Thursday. The stock has a market cap of $2.40 billion, a PE ratio of 19.26 and a beta of 0.95. The business has a fifty day simple moving average of $47.80 and a 200 day simple moving average of $47.38. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.54. Boardwalk Real Estate Investment Trust has a 12 month low of $43.33 and a 12 month high of $54.08.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last issued its quarterly earnings data on Thursday, February 19th. The financial services provider reported $0.86 EPS for the quarter. The firm had revenue of $118.25 million during the quarter. Boardwalk Real Estate Investment Trust had a net margin of 30.45% and a return on equity of 3.92%.

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.