Bridgemarq Real Estate Services (TSE:BRE) Stock Price Passes Above 200 Day Moving Average - Here's Why

Bridgemarq Real Estate Services logo with Real Estate background

Bridgemarq Real Estate Services Inc. (TSE:BRE - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$14.29 and traded as high as C$14.30. Bridgemarq Real Estate Services shares last traded at C$14.15, with a volume of 7,143 shares changing hands.

Analysts Set New Price Targets

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

View Our Latest Report on Bridgemarq Real Estate Services

Bridgemarq Real Estate Services Stock Performance

The stock has a market cap of C$131.77 million, a PE ratio of 12.19 and a beta of 1.28. The company's 50 day simple moving average is C$14.77 and its 200 day simple moving average is C$14.29.

Bridgemarq Real Estate Services Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.1125 per share. The ex-dividend date is Friday, January 31st. This represents a $1.35 annualized dividend and a dividend yield of 9.71%. Bridgemarq Real Estate Services's payout ratio is currently 118.42%.

About Bridgemarq Real Estate Services

(Get Free Report)

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.

See Also

Should You Invest $1,000 in Bridgemarq Real Estate Services Right Now?

Before you consider Bridgemarq Real Estate Services, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bridgemarq Real Estate Services wasn't on the list.

While Bridgemarq Real Estate Services currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginners Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Index Investing for Beginners
7 Inflation-Proof Stocks to Protect Your Portfolio
Palantir’s Explosive Growth: Buy Now or Wait for a Dip?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines