GF Stock Summary and Trading Ideas (New Germany | NYSE:GF)

The fund seeks long-term capital appreciation primarily through investment in middle-market German equities.

New Germany trades on the NYSE stock market under the symbol GF.

As of April 30, 2024, GF stock price declined to $8.38 with 69,883 million shares trading.

GF has a beta of 1.02, meaning it tends to be more sensitive to market movements. GF has a correlation of 0.59 to the broad based SPY ETF.

GF has a market cap of $140.56 million. This is considered a Micro Cap stock.

In the last 3 years, GF stock traded as high as $21.37 and as low as $6.81.

GF has underperformed the market in the last year with a price return of -6.1% while the SPY ETF gained +23.3%. GF has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.3% and +0.2%, respectively, while the SPY returned +3.3% and +0.3%, respectively.

GF support price is $8.35 and resistance is $8.53 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GF stock will trade within this expected range on the day.