Blue Ridge Real Estate (OTCMKTS:BRRE) Stock Price Down 6.7% – Should You Sell?

Blue Ridge Real Estate Co. (OTCMKTS:BRREGet Free Report) traded down 6.7% during mid-day trading on Wednesday . The company traded as low as $8.40 and last traded at $8.40. 1,000 shares traded hands during trading, an increase of 22,627% from the average session volume of 4 shares. The stock had previously closed at $9.00.

Blue Ridge Real Estate Trading Down 6.7%

The firm has a market cap of $20.24 million, a P/E ratio of -25.45 and a beta of 0.23. The company’s fifty day moving average price is $8.77 and its two-hundred day moving average price is $8.41.

About Blue Ridge Real Estate

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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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