The Central and Eastern Europe Fund, Inc. (NYSE:CEE - Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $11.85 and traded as high as $12.03. The Central and Eastern Europe Fund shares last traded at $12.00, with a volume of 17,149 shares trading hands.
The Central and Eastern Europe Fund Stock Up 2.1 %
The business's 50 day moving average price is $11.85 and its 200-day moving average price is $11.01.
The Central and Eastern Europe Fund Cuts Dividend
The company also recently declared an annual dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, December 30th will be paid a dividend of $0.3532 per share. This represents a yield of 3.2%. The ex-dividend date of this dividend is Monday, December 30th.
Institutional Inflows and Outflows
An institutional investor recently raised its position in The Central and Eastern Europe Fund stock. Nations Financial Group Inc. IA ADV boosted its position in shares of The Central and Eastern Europe Fund, Inc. (NYSE:CEE - Free Report) by 0.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 218,016 shares of the closed-end fund's stock after acquiring an additional 1,100 shares during the quarter. Nations Financial Group Inc. IA ADV owned 3.46% of The Central and Eastern Europe Fund worth $2,337,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 34.41% of the company's stock.
About The Central and Eastern Europe Fund
(
Get Free Report)
The Central and Eastern Europe 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 across Central and Eastern Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.
Recommended Stories
Before you consider The Central and Eastern Europe Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Central and Eastern Europe Fund wasn't on the list.
While The Central and Eastern Europe Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
