Seritage Growth Properties (NYSE:SRG - Get Free Report) released its quarterly earnings data on Monday. The financial services provider reported ($0.23) earnings per share (EPS) for the quarter, Zacks reports. Seritage Growth Properties had a negative return on equity of 10.60% and a negative net margin of 618.09%. The company had revenue of $4.38 million for the quarter. During the same quarter in the previous year, the business earned $0.08 earnings per share.
Seritage Growth Properties Stock Down 5.7 %
Shares of NYSE:SRG traded down $0.17 during trading on Friday, reaching $2.73. 425,596 shares of the stock were exchanged, compared to its average volume of 358,725. Seritage Growth Properties has a 1-year low of $2.63 and a 1-year high of $9.87. The stock has a fifty day moving average of $3.51 and a two-hundred day moving average of $4.01. The company has a debt-to-equity ratio of 0.67, a current ratio of 8.10 and a quick ratio of 8.10. The firm has a market cap of $153.33 million, a price-to-earnings ratio of -1.07 and a beta of 2.68.
About Seritage Growth Properties
(
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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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