American Realty Investors (NYSE:ARL) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Shares of American Realty Investors, Inc. (NYSE:ARL) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $15.53 and traded as low as $13.75. American Realty Investors shares last traded at $13.85, with a volume of 34,581 shares.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of American Realty Investors in a research note on Thursday, August 15th. They set a “hold” rating on the stock.

American Realty Investors Stock Performance

The stock has a market capitalization of $223.68 million, a price-to-earnings ratio of 81.47 and a beta of 0.57. The company has a current ratio of 25.18, a quick ratio of 25.18 and a debt-to-equity ratio of 0.22. The firm has a 50-day moving average of $16.62 and a 200-day moving average of $15.53.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings data on Thursday, August 8th. The financial services provider reported $0.07 earnings per share for the quarter. American Realty Investors had a return on equity of 0.46% and a net margin of 7.53%. The business had revenue of $11.77 million for the quarter.

Institutional Investors Weigh In On American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. BNP Paribas Financial Markets boosted its position in shares of American Realty Investors, Inc. (NYSE:ARL) by 425.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,448 shares of the financial services provider’s stock after buying an additional 2,792 shares during the quarter. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $62,000 at the end of the most recent reporting period.

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.