Blue Ridge Real Estate (OTCMKTS:BRRE) Stock Price Down 11.2% – Should You Sell?

Blue Ridge Real Estate (OTCMKTS:BRREGet Free Report)’s stock price was down 11.2% on Monday . The stock traded as low as $7.50 and last traded at $7.50. Approximately 10,000 shares changed hands during trading, an increase of 456% from the average daily volume of 1,800 shares. The stock had previously closed at $8.45.

Blue Ridge Real Estate Stock Down 11.2 %

The stock’s fifty day simple moving average is $8.45 and its 200-day simple moving average is $8.51.

Blue Ridge Real Estate (OTCMKTS:BRREGet Free Report) last released its quarterly earnings data on Friday, September 13th. The company reported $0.09 earnings per share for the quarter. Blue Ridge Real Estate had a negative net margin of 12.74% and a negative return on equity of 3.92%. The firm had revenue of $2.61 million for the quarter.

Blue Ridge Real Estate Company Profile

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Blue Ridge Real Estate Company owns investment properties in Eastern Pennsylvania. It operates in three segments: Resort Operations, Real Estate Management/Rental Operations, and Land Resource Management. The Resort Operations segment operates amenities surrounding Big Boulder Lake, including Boulder View Tavern and Boulder Lake Club; the Jack Frost National Golf Course; and the Stretch fishing club.

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