StockNews.com upgraded shares of Seritage Growth Properties (NYSE:SRG – Free Report) to a sell rating in a report published on Thursday.
Seritage Growth Properties Trading Up 0.5 %
NYSE:SRG opened at $4.25 on Thursday. The company has a market capitalization of $239.12 million, a P/E ratio of -2.03 and a beta of 2.57. The stock’s 50 day moving average price is $4.48 and its 200 day moving average price is $5.52. The company has a debt-to-equity ratio of 0.63, a quick ratio of 7.95 and a current ratio of 7.95. Seritage Growth Properties has a 52 week low of $3.63 and a 52 week high of $9.87.
Seritage Growth Properties (NYSE:SRG – Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The financial services provider reported ($0.28) earnings per share for the quarter. The business had revenue of $4.22 million for the quarter. Seritage Growth Properties had a negative net margin of 485.15% and a negative return on equity of 5.89%.
Institutional Inflows and Outflows
Seritage Growth Properties Company Profile
Prior to the adoption of the Company’s Plan of Sale, Seritage was principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States. Seritage will continue to actively manage each location until such time as each property is sold.
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