New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Issues Quarterly Earnings Results

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) announced its earnings results on Friday. The company reported ($7.29) earnings per share for the quarter, FiscalAI reports. The company had revenue of $24.24 million during the quarter.

New England Realty Associates Limited Partnership Price Performance

NYSEAMERICAN NEN remained flat at $45.00 during midday trading on Friday. 16 shares of the company’s stock traded hands, compared to its average volume of 1,281. New England Realty Associates Limited Partnership has a 52 week low of $44.24 and a 52 week high of $71.07. The stock has a fifty day moving average of $50.35 and a two-hundred day moving average of $57.59.

Institutional Trading of New England Realty Associates Limited Partnership

A hedge fund recently bought a new position in New England Realty Associates Limited Partnership stock. Royal Bank of Canada bought a new position in shares of New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,401 shares of the company’s stock, valued at approximately $86,000.

New England Realty Associates Limited Partnership Company Profile

New England Realty Associates Limited Partnership (NYSE American: NEN) is a publicly traded real estate company focused on the ownership, operation and management of multifamily residential properties. Its portfolio is concentrated in the New England region, with a significant presence in the Greater Boston area.

The company’s primary business is providing rental housing through apartment communities and related residential properties. Its activities include leasing units, managing properties, maintaining buildings and improving existing assets.