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Canadian General Investments (LON:CGI) Shares Cross 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) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,227.54 ($28.79) and traded as low as GBX 2,100 ($27.15). Canadian General Investments shares last traded at GBX 2,100 ($27.15), with a volume of 1,927 shares.

Canadian General Investments Trading Down 2.8 %

The stock has a market cap of £726.66 million, a PE ratio of 4.46 and a beta of 1.18. The company has a quick ratio of 7.44, a current ratio of 6.79 and a debt-to-equity ratio of 13.42. The stock's fifty day moving average price is GBX 2,237.13 and its 200 day moving average price is GBX 2,226.04.

Canadian General Investments Company Profile

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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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