American Realty Investors (NYSE:ARL) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Shares of American Realty Investors, Inc. (NYSE:ARL) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.21 and traded as low as $15.35. American Realty Investors shares last traded at $15.5420, with a volume of 33,834 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of American Realty Investors from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

American Realty Investors Trading Down 2.1%

The company has a debt-to-equity ratio of 0.26, a quick ratio of 7.10 and a current ratio of 7.10. The firm has a market capitalization of $251.00 million, a P/E ratio of 20.45 and a beta of 0.63. The firm has a 50 day moving average price of $16.57 and a two-hundred day moving average price of $16.21.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position 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 Securities and Exchange Commission (SEC). The firm owned 2,825 shares of the financial services provider’s stock after acquiring 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.

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.