Blue Ridge Real Estate (OTCMKTS:BRRE) Shares Down 2.5% – Here’s What Happened

Blue Ridge Real Estate Co. (OTCMKTS:BRRE)’s stock price traded down 2.5% during trading on Monday. The stock traded as low as $9.75 and last traded at $9.75. 501 shares changed hands during trading, an increase of 1,303% from the average daily volume of 36 shares. The stock had previously closed at $10.00.

Blue Ridge Real Estate Price Performance

The stock’s 50 day moving average is $10.11 and its two-hundred day moving average is $9.63. The firm has a market capitalization of $23.48 million, a P/E ratio of -13.18 and a beta of 0.20.

Blue Ridge Real Estate (OTCMKTS:BRRE) last announced its quarterly earnings data on Monday, September 14th. The company reported $0.06 earnings per share (EPS) for the quarter. Blue Ridge Real Estate had a negative net margin of 25.75% and a negative return on equity of 8.87%. The firm had revenue of $2.80 million for the quarter.

Blue Ridge Real Estate Company Profile

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.