Bridgemarq Real Estate Services (TSE:BRE) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Bridgemarq Real Estate Services Inc. (TSE:BRE) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$13.83 and traded as high as C$13.90. Bridgemarq Real Estate Services shares last traded at C$13.73, with a volume of 12,957 shares changing hands.

Bridgemarq Real Estate Services Trading Down 0.7%

The stock has a market capitalization of C$130.22 million, a PE ratio of -12.04 and a beta of 0.87. The company’s 50 day moving average price is C$14.02 and its two-hundred day moving average price is C$13.83. The company has a debt-to-equity ratio of -202.21, a current ratio of 0.16 and a quick ratio of 3.06.

Bridgemarq Real Estate Services (TSE:BRE) last announced its quarterly earnings data on Friday, March 13th. The company reported C$0.04 earnings per share (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 company 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 Tuesday, March 31st. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.1125 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 9.8%. Bridgemarq Real Estate Services’s payout ratio is presently -118.42%.

About Bridgemarq Real Estate Services

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.