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Bridgemarq Real Estate Services (TSE:BRE) Shares Pass Above 200-Day Moving Average - Here's What Happened

Bridgemarq Real Estate Services logo with Real Estate background

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$14.29 and traded as high as C$14.32. Bridgemarq Real Estate Services shares last traded at C$14.32, with a volume of 9,297 shares trading hands.

Bridgemarq Real Estate Services Stock Performance

The stock's 50 day moving average price is C$13.93 and its 200 day moving average price is C$14.28. The company has a current ratio of 0.40, a quick ratio of 3.06 and a debt-to-equity ratio of -127.66. The company has a market cap of C$137.63 million, a price-to-earnings ratio of -42.81 and a beta of 1.28.

Bridgemarq Real Estate Services Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.1125 per share. This represents a $1.35 dividend on an annualized basis and a dividend yield of 9.34%. The ex-dividend date is Friday, May 30th. Bridgemarq Real Estate Services's payout ratio is currently -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.

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