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

American Realty Investors, Inc. (NYSE:ARL)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $15.59 and traded as low as $13.80. American Realty Investors shares last traded at $14.17, with a volume of 1,965 shares traded.

Analyst Ratings Changes

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

American Realty Investors Stock Down 1.6 %

The firm has a market cap of $228.85 million, a PE ratio of 83.35 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 price of $16.90 and a 200-day moving average price of $15.59.

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

Hedge Funds Weigh In On American Realty Investors

An institutional investor recently raised its position in American Realty Investors stock. BNP Paribas Financial Markets grew its holdings in American Realty Investors, Inc. (NYSE:ARL) by 425.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 3,448 shares of the financial services provider’s stock after acquiring 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.

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.