Seritage Growth Properties (NYSE:SRG – Get Free Report) was upgraded by equities research analysts at StockNews.com to a “sell” rating in a note issued to investors on Thursday.
Seritage Growth Properties Trading Up 0.5 %
Shares of SRG stock opened at $4.25 on Thursday. The company has a current ratio of 7.95, a quick ratio of 7.95 and a debt-to-equity ratio of 0.63. Seritage Growth Properties has a 12-month low of $3.63 and a 12-month high of $9.87. The stock has a market capitalization of $239.12 million, a P/E ratio of -2.03 and a beta of 2.57. The firm’s 50 day moving average is $4.48 and its 200 day moving average is $5.58.
Seritage Growth Properties (NYSE:SRG – Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The financial services provider reported ($0.28) earnings per share (EPS) for the quarter. The firm had revenue of $4.22 million during the quarter. Seritage Growth Properties had a negative return on equity of 5.89% and a negative net margin of 485.15%.
Institutional Trading of Seritage Growth Properties
Seritage Growth Properties Company Profile
Prior to the adoption of the Company’s Plan of Sale, Seritage was principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States. Seritage will continue to actively manage each location until such time as each property is sold.
Recommended Stories
- Five stocks we like better than Seritage Growth Properties
- How to Evaluate a Stock Before Buying
- Texas Roadhouse Stock Steering for New Highs This Year
- How to Buy Cheap Stocks Step by Step
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Seritage Growth Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seritage Growth Properties and related companies with MarketBeat.com's FREE daily email newsletter.