Bridgemarq Real Estate Services (TSE:BRE) Hits New 1-Year Low – What’s Next?

Bridgemarq Real Estate Services Inc. (TSE:BRE – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday. The stock traded as low as C$2.22 and last traded at C$2.37, with a volume of 38,723 shares trading hands. The stock had previously closed at C$2.36.

Analyst Upgrades and Downgrades

Separately, ATB Cormark Capital Markets raised shares of Bridgemarq Real Estate Services from a “market perform” rating to a “moderate buy” rating and lowered their price target for the stock from C$12.50 to C$11.25 in a report on Monday, July 20th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, Bridgemarq Real Estate Services presently has an average rating of “Buy” and a consensus target price of C$11.25.

Check Out Our Latest Stock Analysis on Bridgemarq Real Estate Services

Bridgemarq Real Estate Services Stock Down 0.4%

The company has a quick ratio of 3.06, a current ratio of 0.25 and a debt-to-equity ratio of -100.21. The business has a 50-day simple moving average of C$2.91 and a 200-day simple moving average of C$9.64. The company has a market cap of C$22.29 million, a PE ratio of 9.40 and a beta of 0.88.

Bridgemarq Real Estate Services (TSE:BRE – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported C$0.06 EPS for the quarter. The business had revenue of C$97.47 million during the quarter. Bridgemarq Real Estate Services had a negative return on equity of 2.50% and a net margin of 0.59%.

About Bridgemarq Real Estate Services

(Get Free Report)

Bridgemarq is a leading provider of services to residential real estate brokers and a network of approximately 20,000 REALTORS through its franchise network and corporately owned brokerages. We operate in Canada under the Royal LePage, Proprio Direct, Via Capitale, Johnston & Daniel and Les Immeubles Mont-Tremblant brands.

Further Reading

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