Bridgemarq Real Estate Services (TSE:BRE) Stock Price Passes Above Two Hundred Day Moving Average of $13.20

Shares of Bridgemarq Real Estate Services Inc. (TSE:BRE) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$13.20 and traded as high as C$13.65. Bridgemarq Real Estate Services shares last traded at C$13.61, with a volume of 7,657 shares traded.

Bridgemarq Real Estate Services Stock Performance

The business’s 50 day moving average price is C$13.67 and its two-hundred day moving average price is C$13.20. The company has a market capitalization of C$129.02 million, a price-to-earnings ratio of 32.40 and a beta of 1.27.

Bridgemarq Real Estate Services (TSE:BRE) last released its earnings results on Thursday, March 28th. The company reported C($0.11) earnings per share for the quarter. The business had revenue of C$10.83 million during the quarter.

Bridgemarq Real Estate Services Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be paid a dividend of $0.112 per share. The ex-dividend date is Friday, May 31st. This represents a $1.34 annualized dividend and a yield of 9.88%. Bridgemarq Real Estate Services’s dividend payout ratio is currently 321.43%.

Insider Buying and Selling

In other Bridgemarq Real Estate Services news, Director Gitanjli Datt purchased 4,200 shares of the business’s stock in a transaction on Friday, May 17th. The stock was bought at an average cost of C$13.46 per share, with a total value of C$56,523.18. 0.89% of the stock is owned by corporate insiders.

About Bridgemarq Real Estate Services

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.