American Realty Investors (NYSE:ARL) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

American Realty Investors, Inc. (NYSE:ARL)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.77 and traded as low as $14.66. American Realty Investors shares last traded at $14.5650, with a volume of 2,808 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered American Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, American Realty Investors has an average rating of “Sell”.

American Realty Investors Stock Down 3.1%

The stock has a market cap of $225.31 million, a PE ratio of 18.36 and a beta of 0.70. The business has a 50 day moving average price of $14.46 and a 200 day moving average price of $15.75. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.26.

American Realty Investors (NYSE:ARL) last announced its quarterly earnings results on Thursday, May 7th. The financial services provider reported ($0.03) earnings per share for the quarter. American Realty Investors had a net margin of 24.21% and a return on equity of 0.10%. The company had revenue of $12.34 million for the quarter.

Institutional Trading of American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Rhumbline Advisers grew its holdings in American Realty Investors, Inc. (NYSE:ARL) by 44.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent SEC filing.

American Realty Investors Company Profile

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.