American Realty Investors, Inc. (NYSE:ARL - Get Free Report)'s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.66 and traded as low as $12.52. American Realty Investors shares last traded at $12.87, with a volume of 7,079 shares traded.
Wall Street Analyst Weigh In
Separately, Wall Street Zen started coverage on shares of American Realty Investors in a research note on Thursday, May 15th. They issued a "hold" rating for the company.
View Our Latest Research Report on ARL
American Realty Investors Stock Performance
The stock has a market cap of $206.48 million, a price-to-earnings ratio of -15.26 and a beta of 0.71. The company has a debt-to-equity ratio of 0.25, a current ratio of 12.25 and a quick ratio of 12.25. The firm has a fifty day moving average of $14.22 and a 200 day moving average of $13.64.
American Realty Investors (NYSE:ARL - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The financial services provider reported ($0.01) EPS for the quarter. American Realty Investors had a negative return on equity of 2.06% and a negative net margin of 28.44%.
Hedge Funds Weigh In On American Realty Investors
Large investors have recently modified their holdings of the business. Wealth Alliance Advisory Group LLC lifted its stake in American Realty Investors by 1.1% during the second quarter. Wealth Alliance Advisory Group LLC now owns 166,770 shares of the financial services provider's stock worth $2,355,000 after purchasing an additional 1,770 shares in the last quarter. Rhumbline Advisers lifted its stake in American Realty Investors by 44.9% during the 1st quarter. Rhumbline Advisers now owns 2,825 shares of the financial services provider's stock worth $31,000 after acquiring an additional 876 shares in the last quarter. Invesco Ltd. purchased a new position in American Realty Investors during the 1st quarter valued at about $111,000. PFG Investments LLC grew its position in American Realty Investors by 38.1% in the 1st quarter. PFG Investments LLC now owns 37,300 shares of the financial services provider's stock valued at $408,000 after acquiring an additional 10,300 shares in the last quarter. Finally, Northern Trust Corp increased its stake in American Realty Investors by 20.4% during the fourth quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider's stock worth $362,000 after purchasing an additional 4,180 shares during the period.
About American Realty Investors
(
Get Free Report)
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.
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