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

Canadian General Investments (LON:CGI - Get Free Report)'s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,229.26 ($28.10) and traded as low as GBX 2,160 ($27.23). Canadian General Investments shares last traded at GBX 2,168 ($27.33), with a volume of 4,029 shares changing hands.

Canadian General Investments Price Performance

The business's 50 day moving average price is GBX 2,254.74 and its 200 day moving average price is GBX 2,229.24. The stock has a market capitalization of £772.97 million, a P/E ratio of 4.74 and a beta of 1.18. The company has a debt-to-equity ratio of 13.42, a current ratio of 6.79 and a quick ratio of 7.44.

Canadian General Investments Company Profile

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.