New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $64.62 and traded as high as $65.50. New England Realty Associates Limited Partnership shares last traded at $65.47, with a volume of 857 shares trading hands.

New England Realty Associates Limited Partnership Stock Up 1.5%

The company has a 50 day simple moving average of $64.62 and a two-hundred day simple moving average of $68.62.

Hedge Funds Weigh In On New England Realty Associates Limited Partnership

An institutional investor recently bought a new position in New England Realty Associates Limited Partnership stock. Susquehanna International Group LLP purchased a new position in New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,434 shares of the company’s stock, valued at approximately $246,000. Susquehanna International Group LLP owned approximately 0.12% of New England Realty Associates Limited Partnership 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.