Bridgemarq Real Estate Services (TSE:BRE) Stock Crosses Below 200-Day Moving Average – What’s Next?

Bridgemarq Real Estate Services Inc. (TSE:BRE) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$13.67 and traded as low as C$13.40. Bridgemarq Real Estate Services shares last traded at C$13.42, with a volume of 2,174 shares trading hands.

Bridgemarq Real Estate Services Stock Performance

The business has a fifty day simple moving average of C$13.41 and a 200-day simple moving average of C$13.67. The company has a quick ratio of 3.06, a current ratio of 0.16 and a debt-to-equity ratio of -105.56. The firm has a market cap of C$127.28 million, a P/E ratio of -67.10 and a beta of 0.94.

Bridgemarq Real Estate Services (TSE:BRE) last announced its earnings results on Wednesday, May 13th. The company reported C$0.12 EPS for the quarter. Bridgemarq Real Estate Services had a negative net margin of 0.49% and a positive return on equity of 2.19%. The firm had revenue of C$69.87 million for the quarter.

Bridgemarq Real Estate Services Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were given a dividend of $0.1125 per share. This represents a c) dividend on an annualized basis and a yield of 10.1%. The ex-dividend date of this dividend was Friday, May 29th. Bridgemarq Real Estate Services’s dividend payout ratio (DPR) is -675.00%.

Bridgemarq Real Estate Services Company Profile

Bridgemarq Real Estate Services Inc is a Canada-based real estate services company. Its segment includes providing information and services to real estate agents and brokers in Canada through a portfolio of real estate services brands. It supplies realtors with information, tools, and services to assist them in providing and delivery of real estate sales services. The company’s brands include Royal LePage and Via Capitale and Johnston and Daniel.