The New Germany Fund, Inc. (NYSE:GF – Get Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.50 and traded as low as $8.14. The New Germany Fund shares last traded at $8.18, with a volume of 71,328 shares.
The New Germany Fund Price Performance
The company has a fifty day simple moving average of $8.50 and a 200-day simple moving average of $8.50.
The New Germany Fund Cuts Dividend
The business also recently announced a semi-annual dividend, which was paid on Tuesday, June 4th. Stockholders of record on Friday, May 24th were issued a dividend of $0.0239 per share. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, May 23rd.
Hedge Funds Weigh In On The New Germany Fund
The New Germany Fund Company Profile
The New Germany Fund Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Germany. The fund seeks to invest in stocks of companies operating across diversified sectors.
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