Bridgemarq Real Estate Services (TSE:BRE) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Bridgemarq Real Estate Services Inc. (TSE:BRE) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$13.88 and traded as high as C$15.33. Bridgemarq Real Estate Services shares last traded at C$15.26, with a volume of 3,752 shares trading hands.

Wall Street Analyst Weigh In

Separately, Cormark increased their target price on shares of Bridgemarq Real Estate Services from C$17.00 to C$18.00 in a report on Monday, November 18th.

Bridgemarq Real Estate Services Price Performance

The stock has a market cap of C$144.66 million, a PE ratio of 13.39 and a beta of 1.28. The firm has a 50 day moving average of C$15.05 and a two-hundred day moving average of C$13.88.

Bridgemarq Real Estate Services Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 31st will be paid a dividend of $0.1125 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.35 dividend on an annualized basis and a dividend yield of 8.85%. Bridgemarq Real Estate Services’s dividend payout ratio (DPR) is presently 118.42%.

Bridgemarq Real Estate Services Company Profile

Bridgemarq Real Estate Services Inc provides various services to residential real estate brokers and REALTORS in Canada. The company offers information, tools, and services that assist its customers in the delivery of real estate services. It provides its services under the Royal LePage, Via Capitale, Johnston and Daniel, and Proprio Direct brand names.