Seritage Growth Properties (NYSE:SRG) Posts Quarterly Earnings Results

Seritage Growth Properties (NYSE:SRG) issued 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 net margin of 618.09% and a negative return on equity of 10.60%.

Seritage Growth Properties Trading Down 2.0 %

Shares of Seritage Growth Properties stock traded down $0.07 during trading on Monday, hitting $3.24. The company’s stock had a trading volume of 371,310 shares, compared to its average volume of 163,814. The stock has a market cap of $182.03 million, a price-to-earnings ratio of -1.27 and a beta of 2.68. Seritage Growth Properties has a 52 week low of $3.12 and a 52 week high of $9.87. The stock has a 50-day moving average price of $3.60 and a two-hundred day moving average price of $4.05. The company has a debt-to-equity ratio of 0.67, a current ratio of 8.10 and a quick ratio of 8.10.

Seritage Growth Properties Company Profile

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.