The European Equity Fund, Inc. (EEA) Forms Double Bottom Trading at $9.38

June 29, 2018 - By Mark Williams

Big Money Sentiment decreased to 0.58 in Q1 2018. It has change of 0.22, from 2017Q4’s 0.8. The ratio dropped due to The European Equity Fund, Inc. positioning: 3 sold and 9 reduced. 3 funds acquired holdings and 4 increased holdings. Investors holded 2.85 million in 2017Q4 but now own 2.78 million shares or 2.29% less.
998 were reported by Northwestern Mutual Wealth Management. Karpus invested in 261,176 shs or 0.11% of the stock. Thomas J Herzfeld Advisors Incorporated holds 0.15% of its capital in The European Equity Fund, Inc. (NYSE:EEA) for 41,286 shs. Bancorp Of America Corporation De holds 0% or 12,796 shs in its capital. Gabelli Funds Ltd accumulated 0% or 31,977 shs. Morgan Stanley reported 35,423 shs. City Of London Investment Management Com Ltd invested 0.11% in The European Equity Fund, Inc. (NYSE:EEA). Shaker Financial accumulated 1.04% or 221,599 shs. Citigroup Inc holds 5 shs. Deutsche Bank & Trust Ag reported 0% in The European Equity Fund, Inc. (NYSE:EEA). 562 were accumulated by Delta Asset Mngmt Limited Liability Corporation Tn. Brinker Cap stated it has 0% in The European Equity Fund, Inc. (NYSE:EEA). Blue Bell Private Wealth Mngmt Limited Co accumulated 38,704 shs. The California-based Wells Fargo And Co Mn has invested 0% in The European Equity Fund, Inc. (NYSE:EEA). North Star Inv Mgmt has invested 0% in The European Equity Fund, Inc. (NYSE:EEA).

With $8.72 PT The European Equity Fund, Inc. (EEA) forms a double bottom. That’s 7.00 % below today’s $9.38 stock price. It has $74.58 million market cap. On Jun, 29 this chart was announced by Finviz.com. At $8.72 stock PT, the company valuation changes by $5.22 million less.

EEA touched $9.38 during the last trading session after $0.1 change.The European Equity Fund, Inc. has volume of 2,013 shares. Since June 29, 2017 EEA has risen 4.46% and is uptrending. EEA underperformed by 8.11% the S&P500.

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