Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
American Spectrum Realty, Inc. is liquidating. The firm 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. On March 16, 2015, American Spectrum Realty Inc. filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas. The plan was later approved as Chapter 11 liquidation on July 8, 2016.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers.