Bridgemarq Real Estate Services (TSE:BRE) Sets New 52-Week Low – Time to Sell?

Shares of Bridgemarq Real Estate Services Inc. (TSE:BRE) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$2.98 and last traded at C$3.23, with a volume of 18931 shares traded. The stock had previously closed at C$3.15.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets raised Bridgemarq Real Estate Services from a “market perform” rating to a “moderate buy” rating and decreased their price target for the company from C$12.50 to C$11.25 in a report on Monday, July 20th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Bridgemarq Real Estate Services presently has an average rating of “Buy” and a consensus price target of C$11.25.

Bridgemarq Real Estate Services Stock Up 2.5%

The company has a current ratio of 0.25, a quick ratio of 3.06 and a debt-to-equity ratio of -100.21. The firm has a 50 day moving average price of C$5.88 and a 200-day moving average price of C$10.91. The firm has a market cap of C$30.63 million, a price-to-earnings ratio of 12.92 and a beta of 0.82.

Bridgemarq Real Estate Services (TSE:BRE) last announced its earnings results on Thursday, August 13th. The company reported C$0.06 earnings per share (EPS) for the quarter. Bridgemarq Real Estate Services had a net margin of 0.59% and a negative return on equity of 2.50%. The firm had revenue of C$97.47 million for the quarter.

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.