Bridgemarq Real Estate Services (TSE:BRE) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Shares of Bridgemarq Real Estate Services Inc. (TSE:BRE) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$13.62 and traded as high as C$14.32. Bridgemarq Real Estate Services shares last traded at C$14.08, with a volume of 15,479 shares.

Bridgemarq Real Estate Services Stock Down 0.1%

The firm has a market capitalization of C$133.53 million, a P/E ratio of 32.00 and a beta of 0.89. The company has a 50 day simple moving average of C$13.92 and a two-hundred day simple moving average of C$13.62. The company has a current ratio of 0.16, a quick ratio of 3.06 and a debt-to-equity ratio of -202.21.

Bridgemarq Real Estate Services (TSE:BRE) last announced its quarterly earnings results on Friday, March 13th. The company reported C$0.04 EPS for the quarter. Bridgemarq Real Estate Services had a net margin of 1.78% and a negative return on equity of 8.54%. The firm had revenue of C$98.49 million during the quarter.

Bridgemarq Real Estate Services Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.1125 per share. The ex-dividend date is Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 9.6%. Bridgemarq Real Estate Services’s dividend payout ratio (DPR) is currently 306.82%.

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.