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 200-day moving average during trading on Friday . The stock has a 200-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 trading hands.

Wall Street Analyst Weigh In

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

American Realty Investors Stock Up 2.2 %

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

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

Hedge Funds Weigh In On American Realty Investors

An institutional investor recently raised its position in American Realty Investors stock. Barclays PLC raised its position in shares of American Realty Investors, Inc. (NYSE:ARL) by 257.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,967 shares of the financial services provider’s stock after acquiring an additional 1,416 shares during the quarter. Barclays PLC’s holdings in American Realty Investors were worth $34,000 as of its most recent SEC filing.

American Realty Investors Company Profile

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.