Bridgemarq Real Estate Services (TSE:BRE) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Shares of Bridgemarq Real Estate Services Inc. (TSE:BRE) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$13.83 and traded as high as C$13.90. Bridgemarq Real Estate Services shares last traded at C$13.73, with a volume of 12,957 shares changing hands.

Bridgemarq Real Estate Services Price Performance

The firm has a market cap of C$130.22 million, a P/E ratio of 31.20 and a beta of 0.87. The company has a fifty day moving average of C$14.02 and a 200-day moving average of C$13.82. The company has a debt-to-equity ratio of -202.21, a current ratio of 0.16 and a quick ratio of 3.06.

Bridgemarq Real Estate Services (TSE:BRE) last posted its quarterly earnings data on Friday, March 13th. The company reported C$0.04 earnings per share (EPS) for the quarter. Bridgemarq Real Estate Services had a net margin of 1.78% and a negative return on equity of 8.54%. The firm had revenue of C$98.49 million for the quarter.

Bridgemarq Real Estate Services Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st will be paid a $0.1125 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date is Friday, February 27th. Bridgemarq Real Estate Services’s payout ratio is presently 306.82%.

About Bridgemarq Real Estate Services

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.