Blue Ridge Real Estate (OTCMKTS:BRRE) Issues Earnings Results

Blue Ridge Real Estate (OTCMKTS:BRRE) released its earnings results on Monday. The company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports. Blue Ridge Real Estate had a negative return on equity of 8.87% and a negative net margin of 25.75%.The business had revenue of $2.80 million during the quarter.

Blue Ridge Real Estate Stock Down 4.8%

OTCMKTS:BRRE opened at $10.00 on Wednesday. Blue Ridge Real Estate has a twelve month low of $8.35 and a twelve month high of $10.50. The stock has a market cap of $24.10 million, a P/E ratio of -13.51 and a beta of 0.23. The business’s 50-day moving average price is $9.85 and its two-hundred day moving average price is $9.46.

About Blue Ridge Real Estate

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.