(NEN) New England Realty - Ratings and Ratios

New England Realty Associates Limited Partnership is a real estate investment company that focuses on acquiring, developing, and operating properties across the United States, with a particular emphasis on Massachusetts and New Hampshire. The companys diverse portfolio includes residential buildings, mixed-use properties, commercial properties, and condominium units, providing a stable source of income through rentals and sales.

The companys business model is managed by NewReal, Inc., its general partner, which has been overseeing operations since the companys incorporation in 1977. Headquartered in Allston, Massachusetts, New England Realty Associates Limited Partnership has established itself as a significant player in the regional real estate market, with a strong presence in the Northeast.

From a market perspective, the companys stock has been trading at $74.50, slightly below its short-term moving averages, indicating a potential consolidation phase. The 52-week high and low of $81.11 and $65.81, respectively, suggest a relatively stable price range. Using the Average True Range (ATR) of 0.89, equivalent to 1.20%, we can infer that the stocks volatility is moderate.

Combining the technical and fundamental data, we can forecast that the stock may experience a slight recovery in the short term, potentially targeting the SMA20 at $75.24. However, the negative Return on Equity (RoE) of -21.30% raises concerns about the companys profitability. Considering the P/E ratio of 16.56, which is relatively moderate, and the market capitalization of $261.75M, we can expect the stock to remain stable, with potential for long-term growth if the company addresses its profitability concerns.

Looking ahead, if the company can improve its RoE and maintain its market capitalization, the stock may attract more investors, potentially driving the price towards the 52-week high of $81.11. Conversely, if the negative RoE persists, the stock may continue to trade below its moving averages, potentially testing the 52-week low of $65.81.