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

by · The Cerbat Gem

Blue Ridge Real Estate (OTCMKTS:BRRE – Get Free Report) released its quarterly earnings data on Monday. The company reported ($0.52) EPS for the quarter, Zacks reports. Blue Ridge Real Estate had a negative net margin of 12.05% and a negative return on equity of 4.11%.

Blue Ridge Real Estate Price Performance

Blue Ridge Real Estate stock opened at $9.51 on Tuesday. The firm has a 50 day simple moving average of $9.43 and a 200-day simple moving average of $8.90. The stock has a market cap of $22.92 million, a price-to-earnings ratio of -27.97 and a beta of 0.22. Blue Ridge Real Estate has a 1-year low of $7.00 and a 1-year high of $15.35.

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

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