Bridgemarq Real Estate Services (TSE:BRE) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Bridgemarq Real Estate Services Inc. (TSE:BRE)’s share price crossed 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 traded.

Bridgemarq Real Estate Services Stock Performance

The company has a debt-to-equity ratio of -105.56, a current ratio of 0.16 and a quick ratio of 3.06. The firm has a fifty day simple moving average of C$13.39 and a 200 day simple moving average of C$13.67. The company has a market cap of C$128.13 million, a price-to-earnings ratio of -67.55 and a beta of 0.94.

Bridgemarq Real Estate Services (TSE:BRE) last issued its quarterly earnings data on Wednesday, May 13th. The company reported C$0.12 earnings per share for the quarter. The business had revenue of C$69.87 million during the quarter. Bridgemarq Real Estate Services had a negative net margin of 0.49% and a positive return on equity of 2.19%.

Bridgemarq Real Estate Services Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were issued a $0.1125 dividend. This represents a c) annualized dividend and a yield of 10.0%. The ex-dividend date was Friday, May 29th. Bridgemarq Real Estate Services’s dividend payout ratio (DPR) is -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.