Seritage Growth Properties (NYSE:SRG - Get Free Report) posted its quarterly earnings results on Monday. The financial services provider reported ($0.23) earnings per share for the quarter, Zacks reports. The firm had revenue of $4.38 million during the quarter. Seritage Growth Properties had a negative return on equity of 10.60% and a negative net margin of 618.09%. During the same period in the prior year, the firm posted $0.08 EPS.
Seritage Growth Properties Price Performance
SRG stock traded down $0.16 during trading on Thursday, reaching $2.89. The company's stock had a trading volume of 327,823 shares, compared to its average volume of 358,589. The company has a quick ratio of 8.10, a current ratio of 8.10 and a debt-to-equity ratio of 0.67. The company's fifty day moving average is $3.53 and its 200-day moving average is $4.02. The company has a market capitalization of $162.33 million, a P/E ratio of -1.13 and a beta of 2.68. Seritage Growth Properties has a 1 year low of $2.87 and a 1 year high of $9.87.
About Seritage Growth Properties
(
Get Free Report)
Seritage Growth Properties operates as a real estate investment trust. The firm engages in the acquisition, ownership, development, redevelopment, management, and leasing of retail properties throughout the United States. Its property portfolio includes mall, shopping centers and freestanding locations.
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