American Realty Investors (NYSE:ARL) Shares Cross Below 200 Day Moving Average - Here's What Happened

Key Points

• American Realty Investors (NYSE: ARL) has seen its stock price fall below the 200-day moving average of $13.52, trading as low as $12.70 before closing at $13.02.
• Wall Street Zen has initiated coverage on ARL, giving the stock a "hold" rating based on recent performance.
• The company reported a negative EPS of ($0.01) for the last quarter and has a market capitalization of $210.27 million with a P/E ratio of -15.50.

American Realty Investors, Inc. (NYSE:ARL - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.52 and traded as low as $12.70. American Realty Investors shares last traded at $13.02, with a volume of 1,845 shares traded.

Analyst Ratings Changes

Separately, Wall Street Zen initiated coverage on shares of American Realty Investors in a research report on Thursday, May 15th. They set a "hold" rating for the company.

American Realty Investors Stock Up 3.2%

The company has a quick ratio of 12.25, a current ratio of 12.25 and a debt-to-equity ratio of 0.25. The stock's 50-day simple moving average is $14.06 and its 200 day simple moving average is $13.47. The firm has a market cap of $215.84 million, a P/E ratio of -18.31 and a beta of 0.71.

American Realty Investors (NYSE:ARL - Get Free Report) last announced its earnings results on Thursday, August 7th. The financial services provider reported $0.18 EPS for the quarter. American Realty Investors had a negative return on equity of 1.86% and a negative net margin of 24.74%. The company had revenue of $12.16 million for the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Rhumbline Advisers increased its holdings 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 purchasing an additional 876 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in American Realty Investors by 100.3% during the fourth quarter. JPMorgan Chase & Co. now owns 5,603 shares of the financial services provider's stock worth $82,000 after buying an additional 2,805 shares in the last quarter. Invesco Ltd. bought a new stake in American Realty Investors during the first quarter worth $111,000. Northern Trust Corp raised its position in American Realty Investors by 20.4% in the 4th quarter. Northern Trust Corp now owns 24,632 shares of the financial services provider's stock valued at $362,000 after buying an additional 4,180 shares during the last quarter. Finally, PFG Investments LLC lifted its stake in American Realty Investors by 38.1% during 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.

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.