Blue Ridge Real Estate (OTCMKTS:BRRE) Shares Down 10.5% – What’s Next?

Blue Ridge Real Estate (OTCMKTS:BRREGet Free Report)’s share price fell 10.5% during mid-day trading on Thursday . The company traded as low as $8.50 and last traded at $8.50. 5,533 shares traded hands during mid-day trading, an increase of 416% from the average session volume of 1,072 shares. The stock had previously closed at $9.50.

Blue Ridge Real Estate Stock Down 10.5 %

The stock has a market cap of $20.48 million, a price-to-earnings ratio of -32.69 and a beta of 0.16. The company has a 50 day simple moving average of $9.06 and a 200 day simple moving average of $8.67.

Blue Ridge Real Estate Company Profile

(Get Free Report)

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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