Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Cut to Hold at BMO Capital Markets

BMO Capital Markets lowered shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) from a strong-buy rating to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.

Boardwalk Real Estate Investment Trust Trading Up 1.0 %

OTCMKTS BOWFF opened at $44.16 on Wednesday. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 4.46 and a beta of 1.51. The company’s 50-day simple moving average is $51.35 and its two-hundred day simple moving average is $55.73. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.29 and a current ratio of 0.29. Boardwalk Real Estate Investment Trust has a one year low of $43.73 and a one year high of $71.39.

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.