Stratus Properties (NASDAQ:STRS) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Stratus Properties Inc. (NASDAQ:STRS)’s share price passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $24.66 and traded as low as $17.86. Stratus Properties shares last traded at $17.9435, with a volume of 10,993 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered Stratus Properties from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock has an average rating of “Sell”.

Stratus Properties Trading Down 0.3%

The firm has a fifty day moving average of $18.81 and a two-hundred day moving average of $24.66. The company has a market cap of $143.60 million, a PE ratio of 6.80 and a beta of 1.08. The company has a current ratio of 3.70, a quick ratio of 3.70 and a debt-to-equity ratio of 0.41.

Institutional Trading of Stratus Properties

An institutional investor recently bought a new stake in Stratus Properties stock. Rangeley Capital LLC acquired a new position in Stratus Properties Inc. (NASDAQ:STRS) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,546 shares of the financial services provider’s stock, valued at approximately $383,000. Rangeley Capital LLC owned 0.16% of Stratus Properties at the end of the most recent quarter. 61.63% of the stock is currently owned by institutional investors.

About Stratus Properties

Stratus Properties Inc is a real estate development and management company headquartered in Austin, Texas. The company focuses primarily on the development, acquisition, ownership and management of residential, commercial, mixed-use and resort-related properties.

Stratus develops and sells residential lots and homes, as well as commercial properties and multifamily communities. Its portfolio and development activities have included master-planned communities, retail and office projects, apartments, hotels and other hospitality-oriented properties.