Blue Ridge Real Estate (OTCMKTS:BRRE) Announces Earnings Results

Blue Ridge Real Estate (OTCMKTS:BRRE) announced its quarterly earnings results on Monday. The company reported ($0.52) earnings per share (EPS) for the quarter, Zacks reports. Blue Ridge Real Estate had a negative net margin of 26.73% and a negative return on equity of 8.69%. The business had revenue of $0.90 million for the quarter.

Blue Ridge Real Estate Stock Performance

Blue Ridge Real Estate stock opened at $9.51 on Wednesday. The stock’s 50 day simple moving average is $9.44 and its two-hundred day simple moving average is $8.91. The stock has a market cap of $22.92 million, a price-to-earnings ratio of -13.03 and a beta of 0.22. Blue Ridge Real Estate has a fifty-two week low of $7.00 and a fifty-two week high of $15.35.

Blue Ridge Real Estate Company Profile

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.