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Canadian General Investments (LON:CGI) Stock Passes Below 200 Day Moving Average - Should You Sell?

Canadian General Investments logo with Financial Services background
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Canadian General Investments (LON:CGI - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,228.67 ($28.16) and traded as low as GBX 2,165 ($27.35). Canadian General Investments shares last traded at GBX 2,175 ($27.48), with a volume of 1,816 shares trading hands.

Canadian General Investments Stock Performance

The firm has a market cap of £791.11 million, a P/E ratio of 4.85 and a beta of 1.18. 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 company's 50 day moving average is GBX 2,264.49 and its 200 day moving average is GBX 2,229.33.

Canadian General Investments Company Profile

(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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