Bridgemarq Real Estate Services (TSE:BRE) Sets New 1-Year Low – Should You Sell?

Shares of Bridgemarq Real Estate Services Inc. (TSE:BRE) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$3.22 and last traded at C$3.25, with a volume of 56272 shares. The stock had previously closed at C$3.38.

Wall Street Analysts Forecast Growth

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

Bridgemarq Real Estate Services Trading Down 3.8%

The business’s 50 day moving average price is C$6.71 and its two-hundred day moving average price is C$11.22. The company has a debt-to-equity ratio of -100.21, a quick ratio of 3.06 and a current ratio of 0.25. The company has a market capitalization of C$30.82 million, a price-to-earnings ratio of 13.00 and a beta of 0.82.

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

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.