Bridgemarq Real Estate Services (TSE:BRE) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Bridgemarq Real Estate Services Inc. (TSE:BRE) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.68 and traded as low as C$13.20. Bridgemarq Real Estate Services shares last traded at C$13.20, with a volume of 9,529 shares traded.

Bridgemarq Real Estate Services Price Performance

The company has a current ratio of 0.16, a quick ratio of 3.06 and a debt-to-equity ratio of -105.56. The firm has a market cap of C$59.75 million, a P/E ratio of -31.50 and a beta of 0.94. The company has a fifty day moving average price of C$13.32 and a two-hundred day moving average price of C$13.68.

Bridgemarq Real Estate Services (TSE:BRE) last posted its earnings results on Wednesday, May 13th. The company reported C$0.12 earnings per share (EPS) for the quarter. The business had revenue of C$69.87 million during the quarter. Bridgemarq Real Estate Services had a positive return on equity of 2.19% and a negative net margin of 0.49%.

Bridgemarq Real Estate Services Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th were issued a $0.1125 dividend. This represents a c) annualized dividend and a dividend yield of 21.4%. The ex-dividend date was Friday, May 29th. Bridgemarq Real Estate Services’s dividend payout ratio is -675.00%.

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.