Blue Ridge Real Estate (OTCMKTS:BRRE) Trading Up 2.7% – Here’s What Happened

Blue Ridge Real Estate Co. (OTCMKTS:BRREGet Free Report)’s share price traded up 2.7% during trading on Tuesday . The stock traded as high as $9.70 and last traded at $9.50. Approximately 380 shares were traded during trading, an increase of 2,433% from the average session volume of 15 shares. The stock had previously closed at $9.25.

Blue Ridge Real Estate Stock Performance

The business has a 50 day simple moving average of $9.53 and a two-hundred day simple moving average of $9.04. The firm has a market capitalization of $22.88 million, a P/E ratio of -13.01 and a beta of 0.23.

Blue Ridge Real Estate (OTCMKTS:BRREGet Free Report) last issued its quarterly earnings results on Monday, June 15th. The company reported ($0.52) earnings per share (EPS) for the quarter. Blue Ridge Real Estate had a negative net margin of 26.73% and a negative return on equity of 8.77%. The business had revenue of $0.90 million for the quarter.

About Blue Ridge Real Estate

(Get Free Report)

Blue Ridge Real Estate Company owns investment properties in Eastern Pennsylvania. It operates in three segments: Resort Operations, Real Estate Management/Rental Operations, and Land Resource Management. The Resort Operations segment operates amenities surrounding Big Boulder Lake, including Boulder View Tavern and Boulder Lake Club; the Jack Frost National Golf Course; and the Stretch fishing club. The Real Estate Management/Rental Operations segment owns investment properties that are leased to others located in Eastern Pennsylvania.

See Also

Receive News & Ratings for Blue Ridge Real Estate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Ridge Real Estate and related companies with MarketBeat.com's FREE daily email newsletter.