American Realty Investors (NYSE:ARL) Stock Crosses Below 200-Day Moving Average of $17.22

Shares of American Realty Investors, Inc. (NYSE:ARL) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $17.22 and traded as low as $14.03. American Realty Investors shares last traded at $14.23, with a volume of 3,126 shares.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on American Realty Investors in a research note on Saturday. They issued a “hold” rating for the company.

American Realty Investors Price Performance

The company has a 50 day moving average price of $13.69 and a two-hundred day moving average price of $17.22. The company has a quick ratio of 33.02, a current ratio of 33.02 and a debt-to-equity ratio of 0.22.

American Realty Investors (NYSE:ARL) last posted its quarterly earnings results on Thursday, May 9th. The financial services provider reported $0.11 earnings per share for the quarter. American Realty Investors had a return on equity of 0.34% and a net margin of 5.41%. The firm had revenue of $11.90 million during the quarter.

Institutional Trading of American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Russell Investments Group Ltd. increased its position in American Realty Investors, Inc. (NYSE:ARL) by 227.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,399 shares of the financial services provider’s stock after acquiring an additional 12,778 shares during the period. Russell Investments Group Ltd.’s holdings in American Realty Investors were worth $320,000 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.