American Realty Investors (NYSE:ARL) Stock Price Passes Below 200-Day Moving Average – Here’s Why

American Realty Investors, Inc. (NYSE:ARL) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.73 and traded as low as $14.67. American Realty Investors shares last traded at $14.8660, with a volume of 4,356 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of American Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 11th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, American Realty Investors presently has an average rating of “Sell”.

American Realty Investors Stock Performance

The firm has a market cap of $241.35 million, a price-to-earnings ratio of 19.66 and a beta of 0.70. The firm’s fifty day moving average price is $14.42 and its 200-day moving average price is $15.73. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.26.

American Realty Investors (NYSE:ARL) last issued its quarterly earnings results on Thursday, May 7th. The financial services provider reported ($0.03) earnings per share for the quarter. The business had revenue of $12.34 million for the quarter. American Realty Investors had a return on equity of 0.10% and a net margin of 24.21%.

Institutional Trading of American Realty Investors

A hedge fund recently bought a new stake in American Realty Investors stock. Invesco Ltd. purchased a new position in shares of American Realty Investors, Inc. (NYSE:ARL) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,100 shares of the financial services provider’s stock, valued at approximately $111,000. Invesco Ltd. owned 0.06% of American Realty Investors at the end of the most recent reporting period.

About American Realty Investors

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. It also offers tenant services, including parking and storage space rental; and sells land and properties.