Herzfeld Caribbean Basin Fund, Inc (CUBA) Director Thomas J. Herzfeld Buys 3,036 Shares of Stock

Herzfeld Caribbean Basin Fund, Inc (NASDAQ:CUBA) Director Thomas J. Herzfeld bought 3,036 shares of the company’s stock in a transaction that occurred on Monday, April 17th. The shares were bought at an average cost of $6.90 per share, for a total transaction of $20,948.40. Following the transaction, the director now directly owns 345,809 shares of the company’s stock, valued at approximately $2,386,082.10. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of Herzfeld Caribbean Basin Fund, Inc (NASDAQ:CUBA) traded down 0.86% during trading on Friday, reaching $6.94. 8,253 shares of the company were exchanged. The stock has a market capitalization of $42.56 million, a price-to-earnings ratio of 5.73 and a beta of 1.26. Herzfeld Caribbean Basin Fund, Inc has a one year low of $5.80 and a one year high of $7.47. The company has a 50 day moving average price of $6.93 and a 200-day moving average price of $6.64.

Insider Buying and Selling by Quarter for Herzfeld Caribbean Basin Fund (NASDAQ:CUBA)

TRADEMARK VIOLATION NOTICE: This piece was first published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and international copyright and trademark laws. The legal version of this piece can be accessed at https://sportsperspectives.com/2017/04/21/herzfeld-caribbean-basin-fund-inc-cuba-director-thomas-j-herzfeld-buys-3036-shares-of-stock.html.

About Herzfeld Caribbean Basin Fund

The Herzfeld Caribbean Basin Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to obtain long-term capital appreciation. The Fund pursues its objective by investing primarily in equity and equity-linked securities of public and private companies, including the United States-based companies, whose securities are traded principally on a stock exchange in a Caribbean Basin Country or that have at least 50% of the value of their assets in a Caribbean Basin Country or that derive at least 50% of their total revenue from operations in a Caribbean Basin Country (collectively, Caribbean Basin Companies).

5 Day Chart for NASDAQ:CUBA

Receive News & Ratings for Herzfeld Caribbean Basin Fund Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Herzfeld Caribbean Basin Fund Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply