StockNews.com assumed coverage on shares of American Realty Investors (NYSE:ARL - Free Report) in a research report sent to investors on Sunday morning. The firm issued a hold rating on the financial services provider's stock.
American Realty Investors Stock Performance
ARL stock remained flat at $13.82 during mid-day trading on Friday. 3,659 shares of the company's stock traded hands, compared to its average volume of 7,551. American Realty Investors has a one year low of $11.69 and a one year high of $25.96. The firm's 50-day simple moving average is $15.85 and its two-hundred day simple moving average is $17.52. The company has a debt-to-equity ratio of 0.22, a current ratio of 33.02 and a quick ratio of 33.02.
American Realty Investors (NYSE:ARL - Get Free Report) last issued its quarterly earnings data on Thursday, March 21st. The financial services provider reported ($0.13) earnings per share for the quarter. American Realty Investors had a net margin of 5.41% and a return on equity of 0.34%. The firm had revenue of $14.05 million during the quarter.
Institutional Investors Weigh In On American Realty Investors
An institutional investor recently raised its position in American Realty Investors stock. Russell Investments Group Ltd. lifted its position in shares of American Realty Investors, Inc. (NYSE:ARL - Free Report) by 210.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 57,115 shares of the financial services provider's stock after purchasing an additional 38,716 shares during the period. Russell Investments Group Ltd. owned about 0.35% of American Realty Investors worth $1,024,000 at the end of the most recent reporting period.
About American Realty Investors
(
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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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