American Realty Investors (NYSE:ARL) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of American Realty Investors, Inc. (NYSE:ARL) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $15.84 and traded as high as $17.00. American Realty Investors shares last traded at $17.00, with a volume of 9,959 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on American Realty Investors in a research report on Saturday. They issued a “hold” rating for the company.

American Realty Investors Stock Up 2.2 %

The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52. The business has a 50-day moving average price of $15.36 and a 200-day moving average price of $15.84.

American Realty Investors (NYSE:ARL) last posted its quarterly earnings results on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share (EPS) for the quarter. The company had revenue of $11.61 million during the quarter. American Realty Investors had a negative net margin of 33.78% and a negative return on equity of 2.05%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in American Realty Investors stock. BNP Paribas Financial Markets increased its holdings in American Realty Investors, Inc. (NYSE:ARL) by 1,262.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 4,864 shares of the financial services provider’s stock after acquiring an additional 4,507 shares during the period. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $85,000 at the end of the most recent quarter.

About American Realty Investors

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.