American Realty Investors (NYSE:ARL) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

American Realty Investors, Inc. (NYSE:ARL) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $16.07 and traded as low as $14.45. American Realty Investors shares last traded at $14.5450, with a volume of 725 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of American Realty Investors from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, April 15th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

American Realty Investors Stock Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 6.56 and a current ratio of 6.56. The firm’s 50 day simple moving average is $15.84 and its 200 day simple moving average is $16.07. The firm has a market capitalization of $234.90 million, a price-to-earnings ratio of 14.99 and a beta of 0.76.

Institutional Trading of American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. Rhumbline Advisers increased its position in shares of American Realty Investors, Inc. (NYSE:ARL) by 44.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,825 shares of the financial services provider’s stock after buying an additional 876 shares during the period. Rhumbline Advisers’ holdings in American Realty Investors were worth $31,000 as of its most recent filing with the SEC.

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.