Bridgemarq Real Estate Services (TSE:BRE) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Bridgemarq Real Estate Services Inc. (TSE:BRE) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.63 and traded as high as C$13.70. Bridgemarq Real Estate Services shares last traded at C$13.50, with a volume of 38,678 shares changing hands.

Bridgemarq Real Estate Services Trading Down 1.4%

The company has a quick ratio of 3.06, a current ratio of 0.16 and a debt-to-equity ratio of -202.21. The stock has a market capitalization of C$128.03 million, a P/E ratio of 30.68 and a beta of 0.93. The firm’s 50 day simple moving average is C$13.85 and its two-hundred day simple moving average is C$13.63.

Bridgemarq Real Estate Services (TSE:BRE) last posted its quarterly earnings results on Wednesday, May 13th. The company reported C$0.12 earnings per share for the quarter. Bridgemarq Real Estate Services had a net margin of 1.78% and a negative return on equity of 8.54%. The firm had revenue of C$69.87 million during the quarter.

Bridgemarq Real Estate Services Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 29th will be paid a $0.1125 dividend. This represents a c) annualized dividend and a yield of 10.0%. The ex-dividend date of this dividend is Thursday, April 30th. Bridgemarq Real Estate Services’s payout ratio is 306.82%.

Bridgemarq Real Estate Services Company Profile

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.