Stratus Properties (NASDAQ:STRS) Stock Passes Below 200 Day Moving Average - Should You Sell?

Key Points

• Stratus Properties shares fell below their 200-day moving average, closing at $15.94, down from an average of $18.58.
• Wall Street analysts downgraded Stratus Properties from a "hold" rating to a "sell" rating recently, signaling diminishing confidence in the stock.
• The company reported a net loss per share of ($0.36) last quarter, contributing to its negative net margin of 16.72%.

Stratus Properties Inc. (NASDAQ:STRS - Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $18.58 and traded as low as $15.94. Stratus Properties shares last traded at $15.94, with a volume of 13,567 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered Stratus Properties from a "hold" rating to a "sell" rating in a report on Saturday, May 24th.

Stratus Properties Price Performance

The firm has a 50-day moving average of $18.56 and a 200 day moving average of $18.58. The company has a market capitalization of $128.64 million, a PE ratio of -23.44 and a beta of 1.17. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.04 and a quick ratio of 1.04.

Stratus Properties (NASDAQ:STRS - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The financial services provider reported ($0.36) earnings per share (EPS) for the quarter. Stratus Properties had a negative net margin of 16.72% and a negative return on equity of 1.84%. The company had revenue of $5.04 million for the quarter.

Insider Transactions at Stratus Properties

In other Stratus Properties news, Director James Joseph sold 5,000 shares of the business's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $18.82, for a total transaction of $94,100.00. Following the completion of the sale, the director directly owned 15,715 shares in the company, valued at approximately $295,756.30. The trade was a 24.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 10.00% of the company's stock.

Institutional Trading of Stratus Properties

Several large investors have recently modified their holdings of STRS. Tower Research Capital LLC TRC lifted its holdings in Stratus Properties by 150.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,575 shares of the financial services provider's stock valued at $33,000 after acquiring an additional 946 shares during the period. GAMMA Investing LLC lifted its stake in shares of Stratus Properties by 12,071.4% in the 1st quarter. GAMMA Investing LLC now owns 3,408 shares of the financial services provider's stock worth $60,000 after purchasing an additional 3,380 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Stratus Properties by 16.4% in the 4th quarter. Wells Fargo & Company MN now owns 5,073 shares of the financial services provider's stock worth $105,000 after purchasing an additional 713 shares during the period. Barclays PLC boosted its holdings in shares of Stratus Properties by 14.7% in the fourth quarter. Barclays PLC now owns 8,416 shares of the financial services provider's stock worth $175,000 after buying an additional 1,081 shares during the last quarter. Finally, Nuveen LLC bought a new stake in Stratus Properties during the first quarter valued at approximately $206,000. Institutional investors own 61.63% of the company's stock.

About Stratus Properties

Stratus Properties Inc, a real estate company, engages in the entitlement, development, management, leasing, and sale of multi and single family residential and commercial real estate properties in the Austin, Texas area and other select markets in Texas. The company operates in two segments, Real Estate Operations and Leasing Operations.

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