First Real Estate Investment Trust of NJ (OTCMKTS:FREVS) insider Justin Meng acquired 5,000 shares of First Real Estate Investment Trust of NJ stock in a transaction on Wednesday, September 13th. The shares were purchased at an average price of $15.24 per share, for a total transaction of $76,200.00. Following the completion of the acquisition, the insider now directly owns 6,000 shares in the company, valued at $91,440. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of First Real Estate Investment Trust of NJ (OTCMKTS:FREVS) remained flat at $15.00 during mid-day trading on Thursday. 6,800 shares of the company’s stock were exchanged. The firm has a market capitalization of $101.10 million and a PE ratio of 7.85. The stock’s 50 day moving average is $16.94 and its 200 day moving average is $18.28. First Real Estate Investment Trust of NJ has a 1-year low of $13.50 and a 1-year high of $24.00.

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First Real Estate Investment Trust of NJ Company Profile

First Real Estate Investment Trust of New Jersey is an equity real estate investment trust (REIT). The Company acquires, develops, constructs and holds real estate properties for long-term investment and not for resale. The Company operates in two segments: Commercial Properties and Residential Properties.

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