Bridgemarq Real Estate Services (TSE:BRE) Sets New 12-Month Low – Time to Sell?

Shares of Bridgemarq Real Estate Services Inc. (TSE:BRE) reached a new 52-week low during mid-day trading on Thursday. The company traded as low as C$2.80 and last traded at C$2.95, with a volume of 121625 shares. The stock had previously closed at C$3.00.

Analyst Ratings Changes

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

Bridgemarq Real Estate Services Stock Down 1.0%

The firm has a market cap of C$28.17 million, a P/E ratio of 11.88 and a beta of 0.82. The business’s fifty day moving average price is C$3.85 and its two-hundred day moving average price is C$9.92. The company has a current ratio of 0.25, a quick ratio of 3.06 and a debt-to-equity ratio of -100.21.

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

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.