American Realty Investors (NYSE:ARL) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

American Realty Investors, Inc. (NYSE:ARL) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $16.14 and traded as low as $15.34. American Realty Investors shares last traded at $15.8060, with a volume of 18,772 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded American Realty Investors from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

American Realty Investors Price Performance

The firm’s fifty day moving average price is $16.81 and its 200 day moving average price is $16.13. The firm has a market capitalization of $245.72 million, a PE ratio of 20.02 and a beta of 0.62. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.26.

American Realty Investors (NYSE:ARL) last announced its earnings results on Thursday, August 6th. The financial services provider reported ($0.06) earnings per share for the quarter. American Realty Investors had a return on equity of 0.10% and a net margin of 24.21%.The business had revenue of $12.87 million for the quarter.

Hedge Funds Weigh In On American Realty Investors

An institutional investor recently bought a new stake in American Realty Investors stock. Invesco Ltd. purchased a new stake in American Realty Investors, Inc. (NYSE:ARL) in the first quarter, according to its most recent filing with the SEC. The fund purchased 10,100 shares of the financial services provider’s stock, valued at approximately $111,000. Invesco Ltd. owned about 0.06% of American Realty Investors at the end of the most recent quarter.

American Realty Investors Company Profile

American Realty Investors, Inc, together with its subsidiaries, acquires, develops, owns, and manages multifamily and commercial real estate properties in the Southern United States. It operates through two segments, Residential and Commercial. The company leases apartment units to residents; and office, industrial, and retail space to various for-profit businesses, as well as local, state, and federal agencies. It also offers tenant services, including parking and storage space rental; and sells land and properties.