Bridgemarq Real Estate Services (TSE:BRE) Sets New 1-Year Low – Here’s What Happened

Shares of Bridgemarq Real Estate Services Inc. (TSE:BRE) reached a new 52-week low on Monday . The stock traded as low as C$2.98 and last traded at C$3.23, with a volume of 18931 shares. The stock had previously closed at C$3.15.

Wall Street Analysts Forecast Growth

Separately, ATB Cormark Capital Markets raised Bridgemarq Real Estate Services from a “market perform” rating to a “moderate buy” rating and reduced 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, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$11.25.

Bridgemarq Real Estate Services Price Performance

The firm has a market cap of C$30.63 million, a P/E ratio of 12.92 and a beta of 0.82. The company has a current ratio of 0.25, a quick ratio of 3.06 and a debt-to-equity ratio of -100.21. The firm has a 50-day simple moving average of C$5.88 and a 200-day simple moving average of C$10.91.

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

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.