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

Bridgemarq Real Estate Services Inc. (TSE:BREGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$13.81 and traded as high as C$14.89. Bridgemarq Real Estate Services shares last traded at C$14.73, with a volume of 6,093 shares changing hands.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on Bridgemarq Real Estate Services

Bridgemarq Real Estate Services Trading Down 0.8 %

The stock has a market cap of C$139.64 million, a P/E ratio of 12.92 and a beta of 1.28. The stock has a 50 day simple moving average of C$15.00 and a 200 day simple moving average of C$13.81.

Bridgemarq Real Estate Services Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 31st were issued a $0.1125 dividend. This is a positive change from Bridgemarq Real Estate Services’s previous monthly dividend of $0.11. This represents a $1.35 annualized dividend and a yield of 9.16%. The ex-dividend date was Thursday, October 31st. Bridgemarq Real Estate Services’s dividend payout ratio (DPR) is currently 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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