Free Trial

Bridgemarq Real Estate Services (TSE:BRE) Stock Price Passes Above 200 Day Moving Average - Time to Sell?

Bridgemarq Real Estate Services logo with Real Estate background

Bridgemarq Real Estate Services Inc. (TSE:BRE - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$14.46 and traded as high as C$15.08. Bridgemarq Real Estate Services shares last traded at C$15.08, with a volume of 9,880 shares trading hands.

Analysts Set New Price Targets

Separately, Cormark cut Bridgemarq Real Estate Services from a "moderate buy" rating to a "hold" rating in a research note on Friday, August 15th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Bridgemarq Real Estate Services presently has an average rating of "Hold" and an average target price of C$18.00.

View Our Latest Stock Analysis on BRE

Bridgemarq Real Estate Services Stock Up 0.7%

The stock has a 50 day moving average price of C$15.09 and a 200 day moving average price of C$14.46. The company has a market capitalization of C$143.02 million, a P/E ratio of -7.18 and a beta of 0.66. The company has a debt-to-equity ratio of -127.66, a quick ratio of 3.06 and a current ratio of 0.40.

Bridgemarq Real Estate Services Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.1125 per share. This represents a c) dividend on an annualized basis and a yield of 9.0%. The ex-dividend date of this dividend is Friday, August 29th. Bridgemarq Real Estate Services's payout ratio is presently -64.29%.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Bridgemarq Real Estate Services Right Now?

Before you consider Bridgemarq Real Estate Services, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bridgemarq Real Estate Services wasn't on the list.

While Bridgemarq Real Estate Services currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.