Is This Stock a Screaming Buy: The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA)

Equity Research firms currently have a positive stance on shares of The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $8.00 on a short term basis.

At the time of writing, the stock was trading at $6.24. This represents a change from the opening price of 0.73%. In terms of performance, year to date, the stock is -5.79%. The monthly stock performance comes in at -1.94%. For the quarter, shares are performing at 1.74%. Weekly performance analysis shows the equity at 0.10%.

In taking a look at technical levels, shares are trading -0.91% away from the 50 day simple moving average and -2.03% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -26.44% away from it’s 52- week high and 32.31% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, The Herzfeld Caribbean Basin Fund Inc.’s RSI stands at 47.17. In looking at volatility levels, the shares saw weekly volatility of 1.21% and 1.30% over the past month.

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