Bridgemarq Real Estate Services (TSE:BRE) Reaches New 52-Week Low – Should You Sell?

Bridgemarq Real Estate Services Inc. (TSE:BRE) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$2.98 and last traded at C$3.23, with a volume of 18931 shares changing hands. The stock had previously closed at C$3.15.

Analyst Ratings Changes

Separately, ATB Cormark Capital Markets upgraded Bridgemarq Real Estate Services from a “market perform” rating to a “moderate buy” rating and decreased their target price for the stock from C$12.50 to C$11.25 in a research report on Monday, July 20th. One analyst has rated the stock with a Buy rating, According to MarketBeat, Bridgemarq Real Estate Services currently has a consensus rating of “Buy” and an average price target of C$11.25.

Bridgemarq Real Estate Services Stock Performance

The firm’s fifty day moving average price is C$5.48 and its 200 day moving average price is C$10.76. The company has a debt-to-equity ratio of -100.21, a quick ratio of 3.06 and a current ratio of 0.25. The firm has a market cap of C$31.39 million, a P/E ratio of 13.24 and a beta of 0.82.

Bridgemarq Real Estate Services (TSE:BRE) last issued its quarterly earnings data on Thursday, August 13th. The company reported C$0.06 earnings per share for the quarter. Bridgemarq Real Estate Services had a negative return on equity of 2.50% and a net margin of 0.59%.The firm had revenue of C$97.47 million during the quarter.

About Bridgemarq Real Estate Services

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.