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Bridgemarq Real Estate Services (TSE:BRE) Stock Price Crosses Above 200-Day Moving Average - Should You Sell?

Bridgemarq Real Estate Services logo with Real Estate background

Bridgemarq Real Estate Services Inc. (TSE:BRE - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$14.16 and traded as high as C$14.31. Bridgemarq Real Estate Services shares last traded at C$14.20, with a volume of 5,528 shares traded.

Wall Street Analysts Forecast Growth

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

Read Our Latest Analysis on BRE

Bridgemarq Real Estate Services Stock Performance

The stock has a 50-day moving average price of C$14.95 and a 200-day moving average price of C$14.16. The stock has a market cap of C$133.76 million, a P/E ratio of 12.38 and a beta of 1.28.

Bridgemarq Real Estate Services Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 28th will be given a dividend of $0.1125 per share. The ex-dividend date is Friday, January 31st. This represents a $1.35 annualized dividend and a yield of 9.57%. Bridgemarq Real Estate Services's payout ratio is 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.

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