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Canadian General Investments (LON:CGI) Stock Price Crosses Below 200-Day Moving Average - What's Next?

Canadian General Investments logo with Financial Services background

Shares of Canadian General Investments (LON:CGI - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,196.60 ($28.75) and traded as low as GBX 1,720 ($22.51). Canadian General Investments shares last traded at GBX 1,800 ($23.56), with a volume of 17,145 shares traded.

Canadian General Investments Trading Up 4.3 %

The company has a debt-to-equity ratio of 13.42, a quick ratio of 7.44 and a current ratio of 6.79. The firm has a market cap of £666.28 million, a price-to-earnings ratio of 4.09 and a beta of 1.18. The business has a fifty day simple moving average of GBX 2,030.97 and a 200-day simple moving average of GBX 2,181.08.

About Canadian General Investments

(Get Free Report)

Canadian General Investments, Limited (CGI or the Company) is a closed-end equity fund focused on medium- to long-term investments in primarily Canadian corporations. Its objective is to provide better than average returns to investors through prudent security selection, timely recognition of capital gains/losses and appropriate income generating instruments. CGI was established in 1930 and has been managed since 1956 by Morgan Meighen & Associates Limited.

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