Bridgemarq Real Estate Services (TSE:BRE) Reaches New 52-Week Low – Here’s What Happened
by Kim Johansen · The Markets DailyShares of Bridgemarq Real Estate Services Inc. (TSE:BRE – Get Free Report) reached a new 52-week low on Wednesday. The stock traded as low as C$2.47 and last traded at C$2.41, with a volume of 11,647 shares. The stock had previously closed at C$2.48.
Wall Street Analyst Weigh In
Separately, ATB Cormark Capital Markets upgraded shares of Bridgemarq Real Estate Services from a “market perform” rating to a “moderate buy” rating and lowered their price objective for the company from C$12.50 to C$11.25 in a report on Monday, July 20th. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$11.25.
Check Out Our Latest Research Report on Bridgemarq Real Estate Services
Bridgemarq Real Estate Services Price Performance
The company has a fifty day simple moving average of C$3.25 and a two-hundred day simple moving average of C$8.67. The company has a debt-to-equity ratio of -100.21, a quick ratio of 3.06 and a current ratio of 0.25. The stock has a market capitalization of C$23.52 million, a price-to-earnings ratio of 9.92 and a beta of 1.00.
Bridgemarq Real Estate Services (TSE:BRE – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported C$0.06 EPS for the quarter. Bridgemarq Real Estate Services had a net margin of 0.59% and a negative return on equity of 2.50%. The firm had revenue of C$97.47 million during the quarter.
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.