Blue Ridge Real Estate Co. (OTCMKTS:BRRE – Get Free Report)’s stock price was up 5% during mid-day trading on Friday . The company traded as high as $10.50 and last traded at $10.50. Approximately 100 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 85 shares. The stock had previously closed at $10.00.
Blue Ridge Real Estate Trading Up 5.0%
The firm has a 50-day moving average of $9.81 and a 200 day moving average of $9.43. The company has a market cap of $25.30 million, a P/E ratio of -14.38 and a beta of 0.23.
Blue Ridge Real Estate (OTCMKTS:BRRE – Get Free Report) last issued its earnings results on Monday, June 15th. The company reported ($0.52) earnings per share for the quarter. The business had revenue of $0.90 million during the quarter. Blue Ridge Real Estate had a negative return on equity of 8.77% and a negative net margin of 26.73%.
About Blue Ridge Real Estate
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.
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