Blue Ridge Real Estate Co. (OTCMKTS:BRRE – Get Free Report) shares rose 5% during mid-day trading on Thursday . The company traded as high as $10.50 and last traded at $10.50. 1,701 shares changed hands during trading, an increase of 1,536% from the average session volume of 104 shares. The stock had previously closed at $10.00.
Blue Ridge Real Estate Stock Performance
The firm’s 50 day simple moving average is $9.50 and its 200 day simple moving average is $9.20. The firm has a market capitalization of $25.30 million, a price-to-earnings ratio of -14.38 and a beta of 0.21.
Blue Ridge Real Estate (OTCMKTS:BRRE – Get Free Report) last released its quarterly earnings data on Monday, June 15th. The company reported ($0.52) earnings per share for the quarter. The business had revenue of $0.90 million during the quarter. Blue Ridge Real Estate had a negative return on equity of 8.77% and a negative net margin of 26.73%.
Hedge Funds Weigh In On Blue Ridge Real Estate
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.
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