American Realty Investors, Inc. (NYSE:ARL - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $15.36 and traded as high as $16.08. American Realty Investors shares last traded at $15.86, with a volume of 2,358 shares.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on American Realty Investors in a report on Tuesday. They set a "hold" rating for the company.
View Our Latest Analysis on ARL
American Realty Investors Price Performance
The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23. The business's 50 day moving average price is $15.36 and its two-hundred day moving average price is $16.05. The stock has a market cap of $232.91 million, a P/E ratio of -14.00 and a beta of 0.65.
American Realty Investors (NYSE:ARL - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share for the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%. The firm had revenue of $11.61 million for the quarter.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in shares of American Realty Investors by 112.0% during the third quarter. JPMorgan Chase & Co. now owns 2,798 shares of the financial services provider's stock valued at $49,000 after purchasing an additional 1,478 shares during the last quarter. Barclays PLC boosted its holdings in American Realty Investors by 257.0% in the third quarter. Barclays PLC now owns 1,967 shares of the financial services provider's stock worth $34,000 after acquiring an additional 1,416 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of American Realty Investors by 1,262.5% in the third quarter. BNP Paribas Financial Markets now owns 4,864 shares of the financial services provider's stock worth $85,000 after acquiring an additional 4,507 shares during the last quarter.
American Realty Investors Company Profile
(
Get Free Report)
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.
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