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

American Realty Investors, Inc. (NYSE:ARL) shares passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $15.70 and traded as low as $15.35. American Realty Investors shares last traded at $16.02, with a volume of 11,183 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of American Realty Investors from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, September 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

American Realty Investors Price Performance

The stock’s 50 day moving average is $15.53 and its two-hundred day moving average is $15.69. The stock has a market capitalization of $263.57 million, a PE ratio of 31.38 and a beta of 0.65. The company has a debt-to-equity ratio of 0.27, a current ratio of 6.98 and a quick ratio of 6.98.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings data on Thursday, August 6th. The financial services provider reported ($0.06) EPS for the quarter. The firm had revenue of $12.87 million during the quarter. American Realty Investors had a net margin of 16.36% and a negative return on equity of 0.37%.

Institutional Trading of American Realty Investors

An institutional investor recently bought a new stake in American Realty Investors stock. BlackRock Inc. acquired a new position in shares of American Realty Investors, Inc. (NYSE:ARL) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 177,786 shares of the financial services provider’s stock, valued at approximately $3,959,000. BlackRock Inc. owned about 1.10% of American Realty Investors at the end of the most recent quarter.

American Realty Investors Company Profile

American Realty Investors, Inc (NYSE: ARL) is a real estate investment company that owns, develops and operates income-producing properties through its subsidiaries. Its portfolio has historically included multifamily communities, office buildings, retail properties, hotels and undeveloped land.

The company’s activities include acquiring and managing real estate assets, overseeing property operations and pursuing redevelopment or development opportunities. It has also engaged in real estate-related financing and investments, including mortgage loans and other property interests.

American Realty Investors has historically focused on properties in the United States, with activity concentrated in selected markets in the South and West.