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Bridgemarq Real Estate Services (TSE:BRE) Share Price Crosses Above 200 Day Moving Average - Should You Sell?

Bridgemarq Real Estate Services logo with Real Estate background

Key Points

  • Bridgemarq Real Estate Services Inc.'s stock price recently crossed above its 200-day moving average, peaking at C$15.08 before last trading at C$14.91.
  • The company has declared a monthly dividend of $0.1125 per share, reflecting an annualized yield of 9.1%, with an ex-dividend date set for July 31st.
  • Bridgemarq reported a market capitalization of C$141.92 million and has a debt-to-equity ratio of -127.66, indicating significant financial leverage issues.
  • Want stock alerts on Bridgemarq Real Estate Services? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Bridgemarq Real Estate Services Inc. (TSE:BRE - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$14.27 and traded as high as C$15.08. Bridgemarq Real Estate Services shares last traded at C$14.91, with a volume of 3,583 shares traded.

Bridgemarq Real Estate Services Stock Performance

The stock has a fifty day moving average of C$15.00 and a 200-day moving average of C$14.28. The firm has a market capitalization of C$142.11 million, a P/E ratio of -44.20 and a beta of 1.28. The company has a quick ratio of 3.06, a current ratio of 0.40 and a debt-to-equity ratio of -127.66.

Bridgemarq Real Estate Services Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 29th will be given a dividend of $0.1125 per share. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date of this dividend is Thursday, July 31st. Bridgemarq Real Estate Services's dividend payout ratio is -399.68%.

About Bridgemarq Real Estate Services

(Get Free Report)

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.

See Also

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