New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Shares Cross Below 50-Day Moving Average – Here’s What Happened

New England Realty Associates Limited Partnership (NYSEAMERICAN:NENGet Free Report)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $71.95 and traded as low as $71.94. New England Realty Associates Limited Partnership shares last traded at $71.94, with a volume of 768 shares changing hands.

New England Realty Associates Limited Partnership Stock Performance

The company has a 50 day moving average price of $71.95 and a 200 day moving average price of $74.44.

New England Realty Associates Limited Partnership Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Monday, September 15th.

Hedge Funds 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 increased its position in shares of New England Realty Associates Limited Partnership (NYSEAMERICAN:NENFree Report) by 11.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,730 shares of the company’s stock after purchasing 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 at the end of the most recent reporting period.

About New England Realty Associates Limited Partnership

(Get Free Report)

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.

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