Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Shares Pass Above 50-Day Moving Average - Should You Sell?

Shares of Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $18.21 and traded as high as $18.95. Income Opportunity Realty Investors shares last traded at $18.95, with a volume of 470 shares trading hands.

Income Opportunity Realty Investors Stock Performance

The firm has a market cap of $77.13 million, a P/E ratio of 17.55 and a beta of 0.06. The stock's 50-day moving average is $18.27 and its 200 day moving average is $17.71.

Insider Buying and Selling at Income Opportunity Realty Investors

In other Income Opportunity Realty Investors news, major shareholder Realty Invest Transcontinental bought 2,500 shares of the stock in a transaction that occurred on Wednesday, April 23rd. The stock was acquired at an average cost of $17.35 per share, with a total value of $43,375.00. Following the purchase, the insider owned 3,428,294 shares in the company, valued at $59,480,900.90. This trade represents a 0.07% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders bought 8,641 shares of company stock worth $151,694. Insiders own 83.16% of the company's stock.

Income Opportunity Realty Investors Company Profile

Income Opportunity Realty Investors, Inc, a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests in real estate through direct equity ownership and partnerships.