First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS – Get Free Report) shares crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $21.46 and traded as high as $21.86. First Real Estate Investment Trust of New Jersey shares last traded at $21.75, with a volume of 852 shares trading hands.
First Real Estate Investment Trust of New Jersey Price Performance
The business has a 50 day simple moving average of $21.47 and a 200 day simple moving average of $19.73.
About First Real Estate Investment Trust of New Jersey
First Real Estate Investment Trust of New Jersey is a real estate investment trust focused on owning, operating and managing income-producing properties. The company’s portfolio has historically included commercial real estate, such as shopping centers and other properties leased to businesses.
The trust generates revenue primarily through rental income from its properties and is focused on real estate located in and around New Jersey. Its activities include property management, leasing and the ongoing operation and maintenance of its real estate holdings.
First Real Estate Investment Trust of New Jersey has operated as a publicly traded real estate investment trust for many years.
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