New Germany Fund Inc. (GF) Director Buys $10,082.75 in Stock
New Germany Fund Inc. (NYSE:GF) Director Walter C. Dostmann bought 775 shares of the stock in a transaction dated Tuesday, November 22nd. The shares were acquired at an average price of $13.01 per share, with a total value of $10,082.75. Following the completion of the purchase, the director now directly owns 775 shares of the company’s stock, valued at $10,082.75. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
New Germany Fund Inc. (NYSE:GF) opened at 13.06 on Thursday. The company has a 50-day moving average price of $13.46 and a 200-day moving average price of $13.72. New Germany Fund Inc. has a 1-year low of $12.02 and a 1-year high of $15.40.
New Germany Fund Company Profile
The New Germany Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek long-term capital appreciation primarily through investment in middle-market German equities. The Fund primarily focuses its investments in Germany. The Fund invests in range of sectors, including consumer staples, materials, healthcare, financials, information technology, consumer discretionary, industrials and telecommunication services.
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