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

Canadian General Investments (LON:CGI - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,215.81 ($28.61) and traded as low as GBX 1,934 ($24.97). Canadian General Investments shares last traded at GBX 1,941.65 ($25.07), with a volume of 1,236 shares changing hands.

Canadian General Investments Stock Down 2.2 %

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 has a fifty day simple moving average of GBX 2,172.54 and a two-hundred day simple moving average of GBX 2,211.06. The firm has a market capitalization of £715.34 million, a PE ratio of 4.39 and a beta of 1.18.

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.