Bridgemarq Real Estate Services (TSE:BRE) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Bridgemarq Real Estate Services Inc. (TSE:BRE)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$13.67 and traded as low as C$13.40. Bridgemarq Real Estate Services shares last traded at C$13.42, with a volume of 2,174 shares changing hands.

Bridgemarq Real Estate Services Trading Down 0.4%

The company has a debt-to-equity ratio of -105.56, a quick ratio of 3.06 and a current ratio of 0.16. The stock has a market capitalization of C$127.28 million, a P/E ratio of -67.10 and a beta of 0.94. The stock has a 50-day moving average price of C$13.41 and a two-hundred day moving average price of C$13.67.

Bridgemarq Real Estate Services (TSE:BRE) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C$0.12 EPS for the quarter. The company 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. Investors of record on Tuesday, June 30th were given a dividend of $0.1125 per share. The ex-dividend date was Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 10.1%. Bridgemarq Real Estate Services’s payout ratio is currently -675.00%.

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.