Today, the President of New England Realty Associates Limited Partnershi (NEN), Ronald Brown, bought shares of NEN for $32.5K.
Following Ronald Brown’s last NEN Buy transaction on February 22, 2017, the stock climbed by 4.4%.
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Based on New England Realty Associates Limited Partnershi’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $14.78 million and quarterly net profit of $1.58 million. In comparison, last year the company earned revenue of $13.87 million and had a net profit of $1.69 million. NEN’s market cap is $240.1M and the company has a P/E ratio of 4.09. Currently, New England Realty Associates Limited Partnershi has an average volume of 840.
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New England Realty Associates LP engages in the business of acquiring, developing, and holding for investment, operating, and selling real estate in the New England area. It owns and operates various residential apartment buildings, condominium units, and commercial properties. The company was founded on August 12, 1977 and is headquartered in Allston, MA.
