Stratus Properties (NASDAQ:STRS) Share Price Crosses Below 200-Day Moving Average of $37.66

Shares of Stratus Properties Inc. (NASDAQ:STRSGet Rating) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $37.66 and traded as low as $30.56. Stratus Properties shares last traded at $30.90, with a volume of 7,569 shares traded.

Analyst Ratings Changes

Separately, StockNews.com upgraded Stratus Properties from a “sell” rating to a “hold” rating in a report on Monday, May 30th.

Stratus Properties Trading Down 2.4 %

The company has a debt-to-equity ratio of 0.58, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a 50-day moving average of $34.58 and a 200-day moving average of $37.66.

Stratus Properties (NASDAQ:STRSGet Rating) last released its quarterly earnings data on Monday, May 16th. The financial services provider reported ($0.22) earnings per share (EPS) for the quarter. The company had revenue of $3.10 million during the quarter.

Hedge Funds Weigh In On Stratus Properties

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dorsey Wright & Associates purchased a new stake in Stratus Properties during the 2nd quarter valued at $34,000. Bank of America Corp DE raised its stake in Stratus Properties by 200.0% during the 1st quarter. Bank of America Corp DE now owns 873 shares of the financial services provider’s stock valued at $38,000 after buying an additional 582 shares during the last quarter. UBS Group AG raised its stake in Stratus Properties by 342.5% during the 1st quarter. UBS Group AG now owns 1,000 shares of the financial services provider’s stock valued at $43,000 after buying an additional 774 shares during the last quarter. Strs Ohio purchased a new stake in Stratus Properties during the 2nd quarter valued at $45,000. Finally, Royal Bank of Canada purchased a new stake in Stratus Properties during the 1st quarter valued at $68,000. 49.10% of the stock is owned by institutional investors.

About Stratus Properties

(Get Rating)

Stratus Properties Inc, a real estate company, engages in the acquisition, entitlement, development, management, and sale of commercial, and multi-and single-family residential real estate properties primarily in Texas. The company operates in two segments, Real Estate Operations and Leasing Operations.

Further Reading

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