Bridgemarq Real Estate Services (TSE:BRE) Share Price Crosses Below 200 Day Moving Average – Here’s Why

Bridgemarq Real Estate Services Inc. (TSE:BRE) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.68 and traded as low as C$13.20. Bridgemarq Real Estate Services shares last traded at C$13.20, with a volume of 9,529 shares traded.

Bridgemarq Real Estate Services Stock Down 1.1%

The business has a 50-day moving average price of C$13.34 and a 200-day moving average price of C$13.68. The company has a quick ratio of 3.06, a current ratio of 0.16 and a debt-to-equity ratio of -105.56. The company has a market capitalization of C$125.19 million, a price-to-earnings ratio of -66.00 and a beta of 0.94.

Bridgemarq Real Estate Services (TSE:BRE) last posted its quarterly earnings data on Wednesday, May 13th. The company reported C$0.12 EPS for the quarter. The company had revenue of C$69.87 million during the quarter. Bridgemarq Real Estate Services had a negative net margin of 0.49% and a positive return on equity of 2.19%.

Bridgemarq Real Estate Services Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were paid a $0.1125 dividend. This represents a c) annualized dividend and a yield of 10.2%. The ex-dividend date of this dividend was Friday, May 29th. Bridgemarq Real Estate Services’s dividend payout ratio is currently -675.00%.

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.