Insider Selling: First Real Estate Investment Trust of NJ (FREVS) Insider Sells 4,616 Shares of Stock
First Real Estate Investment Trust of NJ (OTCMKTS:FREVS) insider Herbert C. Klein sold 4,616 shares of the firm’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $15.37, for a total transaction of $70,947.92. Following the transaction, the insider now owns 135,243 shares in the company, valued at approximately $2,078,684.91. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of First Real Estate Investment Trust of NJ (OTCMKTS FREVS) remained flat at $15.00 on Friday. The company’s stock had a trading volume of 2,000 shares. The company’s 50-day moving average is $16.86 and its 200 day moving average is $18.25. First Real Estate Investment Trust of NJ has a 12 month low of $13.50 and a 12 month high of $24.00. The firm has a market cap of $101.10 million and a PE ratio of 7.85.
About First Real Estate Investment Trust of NJ
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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