American Realty Investors, Inc. (NYSE:ARL – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $16.00 and traded as low as $14.25. American Realty Investors shares last traded at $14.5470, with a volume of 469 shares.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings lowered American Realty Investors from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 15th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.
Check Out Our Latest Research Report on ARL
American Realty Investors Price Performance
Hedge Funds Weigh In On American Realty Investors
A hedge fund recently raised its stake in American Realty Investors stock. Rhumbline Advisers lifted its stake in American Realty Investors, Inc. (NYSE:ARL – Free Report) by 44.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,825 shares of the financial services provider’s stock after purchasing an additional 876 shares during the quarter. Rhumbline Advisers’ holdings in American Realty Investors were worth $31,000 as of its most recent filing with the Securities & Exchange Commission.
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.
See Also
Receive News & Ratings for American Realty Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Realty Investors and related companies with MarketBeat.com's FREE daily email newsletter.
