American Spectrum Realty Inc. (AQQ) news stock charts
American Spectrum Realty Inc. (AQQ) Investment Summary:
American Spectrum Realty, Inc., through its subsidiaries, engages in the ownership, management, and operation of income-producing properties in the United States. As of December 31, 2008, it owned and operated 29 properties, which consisted of 23 office buildings, 5 industrial properties, and 1 retail property. The company was founded in 2000 and is based in Houston, Texas.AMERICAN SPECTRUM REALTY INC (AQQ:AMEX)
Snapshot of AMERICAN SPECTRUM REALTY INC (AQQ)
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OPEN
$19.02
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PREVIOUS CLOSE
$19.45
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DAY HIGH
$19.51
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DAY LOW
$19.00
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52 WEEK HIGH
04/30/09 - $26.69
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52 WEEK LOW
08/11/09 - $12.51
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MARKET CAP
26.9M
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AVERAGE VOLUME 10 D
1.2K
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EPS TTM
$-5.98
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SHARES OUTSTANDING
1.4M
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EX-DATE
03/25/03
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P/E TTM
--
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DIVIDEND
--
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DIVIDEND YIELD
0.00%
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| K = Thousands M = Millions B = Billions | ||
related news
Key developments for AMERICAN SPECTRUM REALTY INC (AQQ)
American Spectrum Realty Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. The company's net loss attributable to common stockholders for the three months ended September 30, 2009 was $2,382,000, or $1.69 loss per basic and diluted share, compared to a net loss attributable to common stockholders of $2,186,000, or $1.59 loss per basic and diluted share, for the three months ended September 30, 2008. The company reported loss from continuing operations before deferred income tax benefit of $4,083,000 and loss from continuing operations was $2,636,000 or $1.69 loss per basic and diluted share on total revenues of $8,579,000 compared to the loss from continuing operations before deferred income tax benefit of $3,885,000 and loss from continuing operations of $2,509,000 or $1.59 loss per basic and diluted share on total revenues of $9,114,000 for the same period a year ago. Net loss, including non-controlling interests was $2,636,000 against $2,509,000 for the same period a year ago. Net loss attributable to American Spectrum Realty Inc. was $2,322,000 against $2,186,000 for the same period a year ago. The company's net loss attributable to common stockholders for the nine months ended September 30, 2009 was $6,496,000, or $4.62 loss per basic and diluted share, compared to a net loss attributable to common stockholders of $4,771,000, or $3.47 loss per basic and diluted share, for the nine months ended September 30, 2008. The company reported loss from continuing operations before deferred income tax benefit of $11,105,000 and loss from continuing operations was $7,172,000 or $4.62 loss per basic and diluted share on total revenues of $26,029,000 compared to the loss from continuing operations before deferred income tax benefit of $9,591,000 and loss from continuing operations of $6,202,000 or $3.93 loss per basic and diluted share on total revenues of $26,326,000 for the same period a year ago. Net loss, including non-controlling interests was $7,172,000 against $5,477,000 for the same period a year ago. Net loss attributable to American Spectrum Realty Inc. was $6,316,000 against $4,771,000 for the same period a year ago. Funds from operations were $187,000 against $906,000 for the same period a year ago.
American Spectrum Realty Inc. announced that Bill McGrath, former Director of Leasing, has been promoted to Director of Operations. Mr. McGrath will now oversee all leasing and management operations of the company for the Texas region. Bill McGrath, CCIM has spent his entire 25 plus year career in commercial real estate. Bill's new responsibilities will include evaluating and implementing pro forma performance, meeting target leasing goals, as well as overseeing the Property Management Operations for all owned and Third Party properties in the Texas Region.
American Spectrum Realty Inc. may look for acquisitions. The firms business plan focuses on acquisition of value-added real estate investments in its core markets of California, Texas and Arizona.
American Spectrum Realty Inc. financial resources
AQQ Competitors
| Company | Last | Change | |
| No competitor information is available for AQQ. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | AQQ | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.8x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | 3.9x |
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| TEV/Sales | NM | Not Meaningful |
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AQQ |
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AQQ transactions
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| No transactions in the last 6 months. | ||
More Recent Financial News About American Spectrum Realty Inc.
American Spectrum Realty, Inc. Reports Third Quarter Results
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American Spectrum Realty, Inc. Names Bill McGrath as Director of Operations - Texas Region
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American Spectrum Realty, Inc. Completes Acquisition Transaction with Evergreen Realty Group
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American Spectrum Realty, Inc. Completes Acquisition Transaction with Evergreen Realty Group
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AMERICAN SPECTRUM REALTY INC Files SEC form 8-K, Other Events
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American Spectrum Realty, Inc. Completes Acquisition Transaction with Evergreen Realty Group
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AMERICAN SPECTRUM REALTY INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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American Spectrum Realty, Inc. Completes Acquisition Transaction with Evergreen Realty Group
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AMERICAN SPECTRUM REALTY INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
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American Spectrum Realty Enters into Memorandum of Understanding with Evergreen Realty Group
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American Spectrum Realty Management, Inc. Awarded Contract for Third Party Leasing, Management and Sales of Park Plaza Retail Center
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AMERICAN SPECTRUM REALTY INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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American Spectrum Realty, Inc. Names Bill McGrath as Director of Operations - Texas Region
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AMERICAN SPECTRUM REALTY INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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American Spectrum Realty, Inc. Subsidiary Enters into Advisory Agreement with Evergreen Realty REIT, Inc.
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AMERICAN SPECTRUM REALTY INC Files SEC form 8-K, Other Events
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American Spectrum Realty, Inc. Reports Third Quarter Results
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AMERICAN SPECTRUM REALTY INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
Read article