Stratus Properties (NASDAQ:STRS) released its quarterly earnings data on Thursday. The financial services provider reported ($0.13) earnings per share for the quarter, Bloomberg Earnings reports. The company had revenue of $28.13 million for the quarter. Stratus Properties had a negative return on equity of 3.43% and a negative net margin of 3.57%.
STRS opened at $16.75 on Friday. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.71 and a quick ratio of 0.71. Stratus Properties has a fifty-two week low of $12.00 and a fifty-two week high of $33.40. The business has a fifty day simple moving average of $17.12 and a 200-day simple moving average of $23.43.
Separately, ValuEngine raised Stratus Properties from a “hold” rating to a “buy” rating in a research note on Friday, March 27th.
Stratus Properties Inc, a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, hotel, entertainment, and multi-and single-family residential real estate properties primarily in Austin, Texas. The company operates through four segments: Real Estate Operations, Leasing Operations, Hotel, and Entertainment.
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