Transcontinental Realty Investors Inc (NYSE:TCI) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $28.91 and traded as high as $33.30. Transcontinental Realty Investors shares last traded at $33.30, with a volume of 66 shares changing hands.
The firm has a market cap of $280.10 million, a price-to-earnings ratio of 35.31 and a beta of 0.36. The stock’s 50 day moving average is $28.08 and its 200 day moving average is $28.91. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.43.
An institutional investor recently raised its position in Transcontinental Realty Investors stock. Tower Research Capital LLC TRC grew its holdings in shares of Transcontinental Realty Investors Inc (NYSE:TCI) by 232.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,156 shares of the real estate investment trust’s stock after purchasing an additional 1,508 shares during the period. Tower Research Capital LLC TRC’s holdings in Transcontinental Realty Investors were worth $55,000 at the end of the most recent quarter. 2.39% of the stock is currently owned by hedge funds and other institutional investors.
Transcontinental Realty Investors, Inc, a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including apartments, office buildings, shopping centers, and developed and undeveloped land. The Company invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate.
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