Somewhat Favorable Media Coverage Somewhat Unlikely to Impact New Germany Fund (GF) Stock Price
Media headlines about New Germany Fund (NYSE:GF) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. New Germany Fund earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave media coverage about the investment management company an impact score of 45.8937737767873 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of New Germany Fund (NYSE GF) opened at 16.90 on Friday. The firm’s 50 day moving average is $17.07 and its 200 day moving average is $15.58. New Germany Fund has a 12 month low of $12.77 and a 12 month high of $17.66.
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About New Germany Fund
The New Germany Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund seeks long-term capital appreciation primarily through investment in middle-market German equities. The Fund focuses its investments in Germany. The Fund invests in range of sectors, which include commercial services and supplies; construction and engineering; diversified telecommunication services; electrical equipment; electronic equipment, instruments and components; food and staples retailing; food products; healthcare technology; industrial conglomerates; insurance; Internet and direct marketing retail; Internet software and services; life sciences tools and services; machinery; media; metals and mining; pharmaceuticals; real estate management and development; semiconductors and semiconductor equipment; software; thrifts and mortgage finance; transportation infrastructure, and auto components.
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