American Realty Investors (NYSE:ARL) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

American Realty Investors, Inc. (NYSE:ARL) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.71 and traded as high as $16.00. American Realty Investors shares last traded at $15.5280, with a volume of 8,867 shares traded.

Wall Street Analyst Weigh In

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

American Realty Investors Stock Down 2.9%

The company has a debt-to-equity ratio of 0.26, a current ratio of 7.10 and a quick ratio of 7.10. The firm’s 50-day moving average is $14.45 and its 200 day moving average is $15.71. The stock has a market cap of $250.78 million, a price-to-earnings ratio of 20.43 and a beta of 0.70.

American Realty Investors (NYSE:ARL) last released its quarterly earnings data on Thursday, May 7th. The financial services provider reported ($0.03) EPS for the quarter. The firm 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 Investors Weigh In On American Realty Investors

A hedge fund recently bought a new stake in American Realty Investors stock. Invesco Ltd. acquired a new position in American Realty Investors, Inc. (NYSE:ARL) during the first quarter, according to its most recent 13F filing with the SEC. The firm acquired 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.