Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Stock Price Passes Below 200-Day Moving Average - What's Next?

Key Points

• Income Opportunity Realty Investors' stock price recently dropped below its 200-day moving average, trading at $17.76, which is less than the average of $18.16.
• The company's stock is currently down 6.5%, with a market capitalization of $72.28 million and a price-to-earnings ratio of 17.08.
• Income Opportunity Realty Investors is a Dallas-based real estate investment firm focused on direct equity ownership and partnerships in real estate.

Shares of Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR - ) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.16 and traded as low as $17.99. Income Opportunity Realty Investors shares last traded at $17.76, with a volume of 278 shares.

Income Opportunity Realty Investors Stock Down 6.5%

The firm has a fifty day moving average of $18.29 and a 200-day moving average of $18.16. The stock has a market capitalization of $72.28 million, a price-to-earnings ratio of 17.08 and a beta of 0.04.

About Income Opportunity Realty Investors

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.

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