Clipper Realty (NYSE:CLPR - Get Free Report) announced its quarterly earnings results on Friday. The company reported $0.19 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.07, Zacks reports. The firm had revenue of $38.05 million during the quarter, compared to analysts' expectations of $38.70 million. Clipper Realty had a negative net margin of 2.17% and a negative return on equity of 85.95%.
Clipper Realty Price Performance
CLPR stock traded up $0.17 during trading hours on Tuesday, reaching $4.24. The stock had a trading volume of 45,026 shares, compared to its average volume of 90,420. The stock has a market capitalization of $68.48 million, a PE ratio of -14.56 and a beta of 1.24. The stock has a 50-day simple moving average of $4.45 and a 200 day simple moving average of $5.02. Clipper Realty has a fifty-two week low of $3.38 and a fifty-two week high of $7.12.
About Clipper Realty
(
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Clipper Realty Inc NYSE: CLPR is a self-administered and self-managed real estate company that acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn.
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