Bridgemarq Real Estate Services (TSE:BRE) Reaches New 12-Month Low – What’s Next?

Bridgemarq Real Estate Services Inc. (TSE:BRE) reached a new 52-week low on Monday. The company traded as low as C$2.34 and last traded at C$2.38, with a volume of 23,997 shares changing hands. The stock had previously closed at C$2.31.

Wall Street Analyst Weigh In

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

Bridgemarq Real Estate Services Price Performance

The company has a quick ratio of 3.06, a current ratio of 0.25 and a debt-to-equity ratio of -100.21. The firm’s fifty day moving average price is C$3.06 and its 200-day moving average price is C$9.93. The stock has a market cap of C$22.29 million, a P/E ratio of 9.40 and a beta of 1.00.

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

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.