First Real Estate Investment Trust of New Jersey (OTCMKTS:FREVS) Stock Crosses Below 50-Day Moving Average – Time to Sell?

First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $17.48 and traded as low as $17.16. First Real Estate Investment Trust of New Jersey shares last traded at $17.16, with a volume of 1,300 shares.

First Real Estate Investment Trust of New Jersey Stock Up 0.1 %

The firm has a fifty day moving average price of $17.48 and a 200-day moving average price of $17.39.

First Real Estate Investment Trust of New Jersey Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a $0.58 dividend. The ex-dividend date was Friday, November 29th. This represents a $2.32 dividend on an annualized basis and a yield of 13.52%. First Real Estate Investment Trust of New Jersey’s dividend payout ratio (DPR) is presently 92.31%.

First Real Estate Investment Trust of New Jersey Company Profile

First Real Estate Investment Trust of New Jersey, Inc is a publicly traded (over-the-counter symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey.