Stratus Properties Inc. (STRS) Soars 5.65% on March 18

Stratus Properties Inc. (STRS) Soars 5.65% on March 18

Stratus Properties Inc. (STRS) had a good day on the market for Monday March 18 as shares jumped 5.65% to close at $24.30. About 15,718 shares traded hands on 177 trades for the day, compared with an average daily volume of n/a shares out of a total float of 8.16 million. After opening the trading day at $23.14, shares of Stratus Properties Inc. stayed within a range of $24.90 to $23.14.

With today’s gains, Stratus Properties Inc. now has a market cap of $198.39 million. Shares of Stratus Properties Inc. have been trading within a range of $35.90 and $22.01 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Stratus Properties Inc is a diversified real estate company operating in US. It is engaged in the acquisition, entitlement, development, management, operation and sale of commercial, hotel, entertainment, and multi- and single-family residential real estate properties, primarily located in the Austin and Texas area. The company generates its revenue from sales of developed properties, from hotel and entertainment operations and from rental income from commercial properties. Stratus operates its business through four operating segments: Real Estate Operations, Leasing Operations, Hotel and Entertainment. The Company’s properties include Barton Creek that comprises Calera, Amarra Drive, Mirador Estate and Barton Creek Village; Circle C Community; Lantana; The Oaks at Lakeway and Magnolia.

Stratus Properties Inc. is based out of Austin, TX and has some 130 employees. Its CEO is William H. Armstrong.

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