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

Bridgemarq Real Estate Services Inc. (TSE:BRE)’s stock price reached 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.

Analysts Set New Price Targets

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

Bridgemarq Real Estate Services Price Performance

The company has a market cap of C$30.82 million, a P/E ratio of 13.00 and a beta of 0.82. The company has a fifty day simple moving average of C$6.71 and a 200-day simple moving average of C$11.22. The company has a debt-to-equity ratio of -100.21, a current ratio of 0.25 and a quick ratio of 3.06.

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

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.