Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Stock Price Passes Above Fifty Day Moving Average of $0.00

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.00 and traded as high as $12.20. Income Opportunity Realty Investors shares last traded at $12.20, with a volume of 1,247 shares.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded Income Opportunity Realty Investors from a “c+” rating to a “b-” rating in a report on Tuesday, July 25th.

Income Opportunity Realty Investors Price Performance

The firm has a market capitalization of $50.87 million, a price-to-earnings ratio of 9.53 and a beta of 0.12.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last released its quarterly earnings data on Thursday, August 10th. The financial services provider reported $0.44 EPS for the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Income Opportunity Realty Investors stock. Millennium Management LLC boosted its position in shares of Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) by 6.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,022 shares of the financial services provider’s stock after purchasing an additional 1,385 shares during the quarter. Millennium Management LLC owned about 0.53% of Income Opportunity Realty Investors worth $285,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 0.40% of the company’s stock.

About Income Opportunity Realty Investors

Income Opportunity Realty Investors, Inc, a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests in real estate through direct equity ownership and partnerships.