American Realty Investors (NYSE:ARL) Share Price Passes Below 200 Day Moving Average – Time to Sell?

American Realty Investors, Inc. (NYSE:ARL) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.29 and traded as low as $15.28. American Realty Investors shares last traded at $15.3770, with a volume of 934 shares.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of American Realty Investors in a report on Friday, March 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, American Realty Investors presently has a consensus rating of “Hold”.

American Realty Investors Stock Performance

The stock’s 50-day moving average is $16.82 and its 200-day moving average is $16.28. The company has a current ratio of 6.56, a quick ratio of 6.56 and a debt-to-equity ratio of 0.26. The stock has a market cap of $245.50 million, a price-to-earnings ratio of 15.67 and a beta of 0.76.

Hedge Funds Weigh In On American Realty Investors

Several hedge funds and other institutional investors have recently made changes to their positions in ARL. Wealth Alliance Advisory Group LLC boosted its position in American Realty Investors by 4.2% during the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 173,770 shares of the financial services provider’s stock worth $2,907,000 after purchasing an additional 7,000 shares during the period. Rhumbline Advisers raised its position in American Realty Investors by 44.9% in the first quarter. Rhumbline Advisers now owns 2,825 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 876 shares during the period. Finally, Invesco Ltd. purchased a new position in American Realty Investors in the first quarter valued at about $111,000.

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. It also offers tenant services, including parking and storage space rental; and sells land and properties.