Stratus Properties Inc. (STRS) had a good day on the market for Tuesday December 10 as shares jumped 9.93% to close at $30.23. About 78,186 shares traded hands on 604 trades for the day, compared with an average daily volume of n/a shares out of a total float of 8.2 million. After opening the trading day at $29.68, shares of Stratus Properties Inc. stayed within a range of $32.22 to $29.48.
With today’s gains, Stratus Properties Inc. now has a market cap of $247.8 million. Shares of Stratus Properties Inc. have been trading within a range of $33.41 and $22.02 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 the United States. It is engaged in the acquisition, entitlement, development, management, operation and sale of the commercial, hotel, entertainment, and multi- and single-family residential real estate properties, located in the Austin and Texas area. It operates its business through four operating segments: Real Estate operations, Leasing operations, Hotel, and Entertainment. The company’s properties include Barton Creek, Block 21, Circle C, Lantana, Amarra Villas, and Jones Crossing among others. The highest revenue is generated from the hotels’ segment.
Stratus Properties Inc. is based out of Austin, TX and has some 140 employees. Its CEO is William H. Armstrong.
Stratus Properties Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
