American Realty Investors (NYSE:ARL) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

American Realty Investors, Inc. (NYSE:ARL) crossed 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 trading hands.

Analysts Set New Price Targets

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

American Realty Investors Price Performance

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 firm’s 50 day moving average price is $15.36 and its two-hundred day moving average price is $15.86.

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

Institutional Investors Weigh In On American Realty Investors

A hedge fund recently raised its stake in American Realty Investors stock. BNP Paribas Financial Markets boosted its holdings in American Realty Investors, Inc. (NYSE:ARL) by 1,262.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,864 shares of the financial services provider’s stock after buying 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 reporting period.

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.