Blue Ridge Real Estate (OTCMKTS:BRRE) Releases Quarterly Earnings Results

Blue Ridge Real Estate (OTCMKTS:BRRE) posted its quarterly earnings results on Tuesday. The company reported ($0.28) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $0.89 million during the quarter. Blue Ridge Real Estate had a negative return on equity of 4.07% and a negative net margin of 12.05%.

Blue Ridge Real Estate Stock Performance

Shares of BRRE stock opened at $8.76 on Thursday. The company has a market capitalization of $21.11 million, a price-to-earnings ratio of -25.76 and a beta of 0.23. Blue Ridge Real Estate has a one year low of $7.00 and a one year high of $15.35. The company’s 50-day moving average is $8.50 and its 200 day moving average is $8.63.

Blue Ridge Real Estate Company Profile

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.