First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS – Get Free Report)’s share price crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $21.40 and traded as high as $21.60. First Real Estate Investment Trust of New Jersey shares last traded at $21.60, with a volume of 1,001 shares.
First Real Estate Investment Trust of New Jersey Trading Down 1.1%
The firm has a 50-day simple moving average of $21.40 and a 200-day simple moving average of $19.30.
About First Real Estate Investment Trust of New Jersey
First Real Estate Investment Trust of New Jersey is a real estate investment trust focused primarily on owning, operating and managing residential apartment properties in New Jersey. The trust’s portfolio has historically consisted of multifamily communities that generate rental income from individual apartment units.
The company’s activities generally include leasing residential units, overseeing property operations, maintaining and improving its communities, and managing tenant services.
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