Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Shares Cross Below 200 Day Moving Average - Here's What Happened

Key Points

• Shares crossed below its 200-day moving average: IOR traded as low as $17.87 and last at $17.93 after falling beneath the 200-day MA of $18.30, on a volume of 7,547 shares.
• The stock's 50-day moving average is $18.22; the company has a market cap of $72.98 million and a price-to-earnings ratio of 18.30.
• Retail-focused REIT: Income Opportunity owns grocery-anchored, multi-tenant and strip retail centers and reported $0.25 EPS and $1.34 million in revenue in the most recent quarter.

Shares of Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $18.30 and traded as low as $17.87. Income Opportunity Realty Investors shares last traded at $17.93, with a volume of 7,547 shares trading hands.

Income Opportunity Realty Investors Trading Up 0.2%

The stock has a 50 day moving average price of $18.22 and a two-hundred day moving average price of $18.30. The company has a market cap of $72.98 million and a price-to-earnings ratio of 18.30.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR - Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The financial services provider reported $0.25 earnings per share for the quarter. The company had revenue of $1.34 million during the quarter.

About Income Opportunity Realty Investors

Income Opportunity Realty Investors, Inc is a real estate investment trust organized in October 2001 that focuses on owning, acquiring and managing income-producing retail properties. The company's portfolio primarily consists of grocery-anchored, multi-tenant retail shopping centers and strip retail centers designed to serve everyday consumer needs.

The REIT seeks out properties with solid cash flows and creditworthy anchor tenants, such as grocery and pharmacy operators, in small to mid-sized markets across the United States.

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