Blue Ridge Real Estate (OTCMKTS:BRRE) Posts Earnings Results

Blue Ridge Real Estate (OTCMKTS:BRRE) issued its quarterly earnings results on Monday. The company reported $0.06 EPS for the quarter, Zacks reports. Blue Ridge Real Estate had a negative net margin of 26.73% and a negative return on equity of 8.77%.

Blue Ridge Real Estate Price Performance

Shares of BRRE stock remained flat at $10.50 during mid-day trading on Monday. 100 shares of the stock were exchanged, compared to its average volume of 90. The company has a fifty day moving average price of $9.81 and a 200 day moving average price of $9.43. Blue Ridge Real Estate has a twelve month low of $8.35 and a twelve month high of $10.50. The company has a market capitalization of $25.30 million, a P/E ratio of -14.38 and a beta of 0.23.

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.