Bridgemarq Real Estate Services (TSE:BRE) Stock Crosses Above 200-Day Moving Average – Should You Sell?

Bridgemarq Real Estate Services Inc. (TSE:BRE) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$13.76 and traded as high as C$13.92. Bridgemarq Real Estate Services shares last traded at C$13.51, with a volume of 10,404 shares trading hands.

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 -202.21. The firm has a market cap of C$128.13 million, a PE ratio of 30.70 and a beta of 0.87. The stock has a 50 day simple moving average of C$14.03 and a 200-day simple moving average of C$13.76.

Bridgemarq Real Estate Services (TSE:BRE) last announced its quarterly earnings data on Friday, March 13th. The company reported C$0.04 EPS for the quarter. The business had revenue of C$98.49 million for the quarter. Bridgemarq Real Estate Services had a negative return on equity of 8.54% and a net margin of 1.78%.

Bridgemarq Real Estate Services Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 30th will be paid a dividend of $0.1125 per share. This represents a c) annualized dividend and a yield of 10.0%. The ex-dividend date of this dividend is Tuesday, March 31st. Bridgemarq Real Estate Services’s dividend payout ratio (DPR) 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.