Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $18.29 and traded as low as $18.00. Income Opportunity Realty Investors shares last traded at $18.8840, with a volume of 731 shares.

Income Opportunity Realty Investors Trading Up 4.9%

The company has a 50 day simple moving average of $18.37 and a two-hundred day simple moving average of $18.29. The firm has a market capitalization of $76.86 million, a P/E ratio of 18.88 and a beta of 0.04.

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.