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Cormark Upgrades Bridgemarq Real Estate Services (TSE:BRE) to Moderate Buy

Bridgemarq Real Estate Services logo with Real Estate background

Bridgemarq Real Estate Services (TSE:BRE - Get Free Report) was upgraded by analysts at Cormark to a "moderate buy" rating in a report released on Thursday, Zacks.com reports.

Bridgemarq Real Estate Services Stock Performance

Shares of Bridgemarq Real Estate Services stock traded up C$0.07 during trading hours on Thursday, hitting C$14.67. The company's stock had a trading volume of 11,152 shares, compared to its average volume of 7,676. Bridgemarq Real Estate Services has a twelve month low of C$11.06 and a twelve month high of C$14.76. The firm has a fifty day moving average of C$13.60 and a 200-day moving average of C$13.35. The stock has a market cap of C$139.07 million, a price-to-earnings ratio of 12.81 and a beta of 1.28.

Bridgemarq Real Estate Services (TSE:BRE - Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported C$0.17 EPS for the quarter. The business had revenue of C$110.09 million during the quarter.

Insiders Place Their Bets

In related news, Director Gitanjli Datt purchased 3,000 shares of the business's stock in a transaction on Friday, August 16th. The shares were bought at an average price of C$13.11 per share, for a total transaction of C$39,330.00. 0.89% of the stock is owned by company insiders.

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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