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

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

New England Realty Associates Limited Partnership Stock Performance

NYSEAMERICAN NEN remained flat at $45.00 during mid-day trading on Friday. 863 shares of the company traded hands, compared to its average volume of 1,281. New England Realty Associates Limited Partnership has a twelve month low of $44.24 and a twelve month high of $71.07. The firm’s fifty day moving average price is $50.35 and its 200 day moving average price is $57.59.

Institutional Trading of New England Realty Associates Limited Partnership

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

About New England Realty Associates Limited Partnership

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.