American Realty Investors (NYSE:ARL) Releases Earnings Results

American Realty Investors (NYSE:ARL) announced its earnings results on Thursday. The financial services provider reported ($0.01) earnings per share for the quarter, Zacks reports. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%.

American Realty Investors Price Performance

Shares of NYSE ARL traded down $0.33 during trading on Thursday, reaching $13.84. The company had a trading volume of 658 shares, compared to its average volume of 5,041. American Realty Investors has a 52 week low of $12.51 and a 52 week high of $22.77. The business’s 50 day moving average price is $14.33 and its 200-day moving average price is $15.28. The company has a debt-to-equity ratio of 0.23, a quick ratio of 8.52 and a current ratio of 8.52. The stock has a market cap of $223.46 million, a PE ratio of -13.43 and a beta of 0.56.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of American Realty Investors in a research note on Thursday. They issued a “hold” rating for the company.

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.