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Bridgemarq Real Estate Services (TSE:BRE) Stock Passes Above 200-Day Moving Average - Time to 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 Friday . The stock has a 200-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.

Wall Street Analyst Weigh In

Separately, Cormark boosted 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.

Read Our Latest Research Report on BRE

Bridgemarq Real Estate Services Stock Performance

The business has a 50 day moving average of C$15.05 and a 200-day moving average of C$13.88. The company has a market capitalization of C$144.66 million, a P/E ratio of 13.39 and a beta of 1.28.

Bridgemarq Real Estate Services Dividend Announcement

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

Bridgemarq Real Estate Services Company Profile

(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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