American Realty Investors (ARL) Upgraded to “Buy” by ValuEngine
ValuEngine upgraded shares of American Realty Investors (NYSE:ARL) from a hold rating to a buy rating in a report published on Thursday morning.
Shares of American Realty Investors (NYSE ARL) opened at $13.40 on Thursday. American Realty Investors has a twelve month low of $6.30 and a twelve month high of $14.50. The stock has a market capitalization of $214.75, a price-to-earnings ratio of -31.16 and a beta of -0.05. The company has a current ratio of 5.65, a quick ratio of 5.65 and a debt-to-equity ratio of 5.71.
A hedge fund recently bought a new stake in American Realty Investors stock. Monashee Investment Management LLC purchased a new stake in shares of American Realty Investors, Inc. (NYSE:ARL) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 15,448 shares of the financial services provider’s stock, valued at approximately $199,000. Monashee Investment Management LLC owned about 0.10% of American Realty Investors at the end of the most recent reporting period. 0.55% of the stock is currently owned by hedge funds and other institutional investors.
About American Realty Investors
American Realty Investors, Inc is an externally advised and managed real estate investment company that owns a diverse portfolio of income-producing properties and land held for development. The Company’s segments are commercial properties, apartments, land and other. The Company’s business is the acquisition, development and ownership of income-producing residential and commercial real estate properties.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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