Blue Ridge Real Estate (OTCMKTS:BRRE) Trading 20% Higher – Time to Buy?

Shares of Blue Ridge Real Estate (OTCMKTS:BRREGet Free Report) were up 20% during trading on Tuesday . The stock traded as high as $9.00 and last traded at $9.00. Approximately 100 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 1,630 shares. The stock had previously closed at $7.50.

Blue Ridge Real Estate Trading Up 20.0 %

The firm’s fifty day moving average price is $8.51 and its 200 day moving average price is $8.48. The stock has a market capitalization of $21.69 million, a price-to-earnings ratio of -34.62 and a beta of 0.18.

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.

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