Blue Ridge Real Estate (OTCMKTS:BRRE) Trading 0.7% Higher – What’s Next?

Blue Ridge Real Estate Co. (OTCMKTS:BRRE)’s stock price traded up 0.7% on Thursday . The company traded as high as $9.51 and last traded at $9.51. 100 shares changed hands during mid-day trading, an increase of 99,900% from the average session volume of 0 shares. The stock had previously closed at $9.44.

Blue Ridge Real Estate Stock Performance

The stock has a market cap of $22.92 million, a PE ratio of -27.97 and a beta of 0.22. The company’s 50-day moving average price is $9.41 and its 200 day moving average price is $8.90.

Blue Ridge Real Estate (OTCMKTS:BRRE) last released its quarterly earnings results on Tuesday, March 17th. The company reported ($0.28) EPS for the quarter. Blue Ridge Real Estate had a negative net margin of 12.05% and a negative return on equity of 4.11%. The business had revenue of $0.89 million for the quarter.

About Blue Ridge Real Estate

Blue Ridge Real Estate Company owns investment properties in Eastern Pennsylvania. It operates in three segments: Resort Operations, Real Estate Management/Rental Operations, and Land Resource Management. The Resort Operations segment operates amenities surrounding Big Boulder Lake, including Boulder View Tavern and Boulder Lake Club; the Jack Frost National Golf Course; and the Stretch fishing club. The Real Estate Management/Rental Operations segment owns investment properties that are leased to others located in Eastern Pennsylvania.