American Realty Investors, Inc. (NYSE:ARL – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $15.73 and traded as low as $14.67. American Realty Investors shares last traded at $14.8660, with a volume of 4,356 shares changing hands.
Analyst Ratings Changes
Separately, Weiss Ratings downgraded shares of American Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 11th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.
View Our Latest Stock Report on American Realty Investors
American Realty Investors Trading Down 2.6%
American Realty Investors (NYSE:ARL – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter. American Realty Investors had a return on equity of 0.10% and a net margin of 24.21%.The business had revenue of $12.34 million for the quarter.
Institutional Investors Weigh In On American Realty Investors
A hedge fund recently raised its stake in American Realty Investors stock. Rhumbline Advisers grew its holdings in shares of American Realty Investors, Inc. (NYSE:ARL – Free Report) by 44.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,825 shares of the financial services provider’s stock after buying an additional 876 shares during the quarter. Rhumbline Advisers’ holdings in American Realty Investors were worth $31,000 at the end of the most recent quarter.
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.
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