American Realty Investors (NYSE:ARL) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

American Realty Investors, Inc. (NYSE:ARL)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.71 and traded as high as $16.00. American Realty Investors shares last traded at $15.5280, with a volume of 8,867 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of American Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

American Realty Investors Trading Down 2.9%

The business’s fifty day moving average price is $14.45 and its 200 day moving average price is $15.71. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $250.78 million, a PE ratio of 20.43 and a beta of 0.70.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings data on Thursday, May 7th. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $12.34 million for the quarter. American Realty Investors had a net margin of 24.21% and a return on equity of 0.10%.

Institutional Investors Weigh In On American Realty Investors

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

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.