Canadian General Investments (LON:CGI - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,208.54 ($28.56) and traded as low as GBX 1,993 ($25.77). Canadian General Investments shares last traded at GBX 1,993 ($25.77), with a volume of 846 shares changing hands.
Canadian General Investments Price Performance
The company has a market cap of £689.50 million, a price-to-earnings ratio of 4.23 and a beta of 1.18. The company has a 50-day simple moving average of GBX 2,139.79 and a 200-day simple moving average of GBX 2,207.06. The company has a debt-to-equity ratio of 13.42, a quick ratio of 7.44 and a current ratio of 6.79.
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.
Recommended Stories
Before you consider Canadian General Investments, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canadian General Investments wasn't on the list.
While Canadian General Investments currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
