Blue Ridge Real Estate (OTCMKTS:BRRE) Issues Quarterly Earnings Results

Blue Ridge Real Estate (OTCMKTS:BRRE) posted its quarterly earnings results on Monday. The company reported $0.06 EPS for the quarter, Zacks reports. Blue Ridge Real Estate had a negative net margin of 26.73% and a negative return on equity of 8.77%.

Blue Ridge Real Estate Stock Performance

Blue Ridge Real Estate stock remained flat at $10.50 during trading hours on Monday. 100 shares of the company’s stock were exchanged, compared to its average volume of 90. The stock has a market cap of $25.30 million, a PE ratio of -14.38 and a beta of 0.23. The company’s 50 day simple moving average is $9.81 and its two-hundred day simple moving average is $9.43. Blue Ridge Real Estate has a 1-year low of $8.35 and a 1-year high of $10.50.

About Blue Ridge Real Estate

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. The Real Estate Management/Rental Operations segment owns investment properties that are leased to others located in Eastern Pennsylvania.