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Canadian General Investments (LON:CGI) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

Canadian General Investments logo with Financial Services background

Canadian General Investments (LON:CGI - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,227.87 ($27.61) and traded as low as GBX 2,220 ($27.51). Canadian General Investments shares last traded at GBX 2,315 ($28.69), with a volume of 9,491 shares trading hands.

Canadian General Investments Trading Down 0.6 %

The business's 50-day moving average price is GBX 2,307.23 and its two-hundred day moving average price is GBX 2,227.87. The company has a debt-to-equity ratio of 13.42, a current ratio of 6.79 and a quick ratio of 7.44. The company has a market capitalization of £482.91 million, a P/E ratio of 530.96 and a beta of 1.18.

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.

Further Reading

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