New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Share Price Passes Above 50-Day Moving Average – Should You Sell?

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $64.61 and traded as high as $65.00. New England Realty Associates Limited Partnership shares last traded at $64.18, with a volume of 1,192 shares.

New England Realty Associates Limited Partnership Stock Performance

The firm has a 50 day simple moving average of $64.61 and a two-hundred day simple moving average of $68.32.

Institutional Investors Weigh In On New England Realty Associates Limited Partnership

A hedge fund recently raised its stake in New England Realty Associates Limited Partnership stock. Warberg Asset Management LLC raised its holdings in New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) by 11.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,730 shares of the company’s stock after buying an additional 1,081 shares during the quarter. Warberg Asset Management LLC owned 0.37% of New England Realty Associates Limited Partnership worth $784,000 as of its most recent SEC filing.

New England Realty Associates Limited Partnership Company Profile

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire. NewReal, Inc serves as the general partner of the company. New England Realty Associates Limited Partnership was incorporated in 1977 and is headquartered in Allston, Massachusetts.