Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Shares of Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $18.37 and traded as low as $18.00. Income Opportunity Realty Investors shares last traded at $18.25, with a volume of 164 shares traded.

Income Opportunity Realty Investors Trading Down 0.3%

The firm has a market capitalization of $74.28 million, a P/E ratio of 18.25 and a beta of 0.05. The business has a 50-day moving average of $18.37 and a 200 day moving average of $18.33.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last announced its quarterly earnings results on Thursday, November 6th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter. The firm had revenue of $1.40 million during the quarter.

Income Opportunity Realty Investors Company Profile

Income Opportunity Realty Investors, Inc is a real estate investment trust organized in October 2001 that focuses on owning, acquiring and managing income-producing retail properties. The company’s portfolio primarily consists of grocery-anchored, multi-tenant retail shopping centers and strip retail centers designed to serve everyday consumer needs.

The REIT seeks out properties with solid cash flows and creditworthy anchor tenants, such as grocery and pharmacy operators, in small to mid-sized markets across the United States.