Bridgemarq Real Estate Services (TSE:BRE) Lowered to Hold Rating by Cormark

Key Points

• Bridgemarq Real Estate Services has been downgraded by Cormark from a "moderate buy" rating to a "hold" rating.
• The company's stock opened at C$14.99, with a one-year low of C$11.46 and a high of C$15.79, reflecting significant volatility.
• Bridgemarq operates in Canada, providing real estate agents and brokers with essential tools and services to support their sales operations.

Bridgemarq Real Estate Services (TSE:BRE - Get Free Report) was downgraded by research analysts at Cormark from a "moderate buy" rating to a "hold" rating in a report issued on Friday,Zacks.com reports.

Bridgemarq Real Estate Services Stock Performance

Shares of TSE BRE opened at C$14.99 on Friday. Bridgemarq Real Estate Services has a 1 year low of C$11.46 and a 1 year high of C$15.79. The stock has a fifty day moving average price of C$15.02 and a two-hundred day moving average price of C$14.31. The firm has a market cap of C$142.68 million, a P/E ratio of -44.38 and a beta of 1.28. The company has a debt-to-equity ratio of -127.66, a quick ratio of 3.06 and a current ratio of 0.40.

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.

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