American Realty Investors (NYSE:ARL) Shares Cross Below 200-Day Moving Average of $17.31

American Realty Investors, Inc. (NYSE:ARL) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $17.31 and traded as low as $12.60. American Realty Investors shares last traded at $13.04, with a volume of 1,054 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on American Realty Investors in a research report on Friday. They set a “hold” rating on the stock.

American Realty Investors Trading Up 3.2 %

The company has a fifty day moving average price of $13.69 and a 200 day moving average price of $17.31. The company has a quick ratio of 33.02, a current ratio of 33.02 and a debt-to-equity ratio of 0.22.

American Realty Investors (NYSE:ARL) last released its quarterly earnings data on Thursday, May 9th. The financial services provider reported $0.11 EPS for the quarter. The firm had revenue of $11.90 million for the quarter. American Realty Investors had a return on equity of 0.34% and a net margin of 5.41%.

Institutional Trading of American Realty Investors

An institutional investor recently raised its position in American Realty Investors stock. Russell Investments Group Ltd. increased its holdings in American Realty Investors, Inc. (NYSE:ARL) by 210.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,115 shares of the financial services provider’s stock after purchasing an additional 38,716 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.35% of American Realty Investors worth $1,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

American Realty Investors Company Profile

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.