American Realty Investors (NYSE:ARL) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of American Realty Investors, Inc. (NYSE:ARLGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.21 and traded as low as $15.35. American Realty Investors shares last traded at $15.5420, with a volume of 33,834 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings cut American Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Read Our Latest Analysis on ARL

American Realty Investors Trading Down 3.0%

The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.26. The company’s fifty day moving average is $16.61 and its 200-day moving average is $16.21. The firm has a market capitalization of $238.73 million, a P/E ratio of 19.45 and a beta of 0.63.

American Realty Investors (NYSE:ARLGet Free Report) last announced its earnings results on Thursday, May 7th. The financial services provider reported ($0.03) EPS for the quarter. The firm had revenue of $12.34 million during the quarter. American Realty Investors had a return on equity of 0.10% and a net margin of 24.21%.

Hedge Funds Weigh In On American Realty Investors

An institutional investor recently bought a new stake in American Realty Investors stock. Invesco Ltd. purchased a new position in American Realty Investors, Inc. (NYSE:ARLFree Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund 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 as of its most recent SEC filing.

About American Realty Investors

(Get Free Report)

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.

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