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

Blue Ridge Real Estate (OTCMKTS:BRRE) announced its earnings results on Monday. The company reported ($0.52) earnings per share for the quarter, Zacks reports. Blue Ridge Real Estate had a negative return on equity of 4.11% and a negative net margin of 12.05%.

Blue Ridge Real Estate Price Performance

Shares of BRRE stock remained flat at $9.51 during trading hours on Monday. Blue Ridge Real Estate has a 12-month low of $7.00 and a 12-month high of $15.35. The firm has a market cap of $22.92 million, a PE ratio of -27.97 and a beta of 0.22. The company’s 50-day moving average price is $9.41 and its two-hundred day moving average price is $8.90.

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.