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Canadian General Investments (TSE:CGI) Hits New 12-Month Low - Should You Sell?

Canadian General Investments logo with Financial Services background
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Canadian General Investments (TSE:CGI - Get Free Report) reached a new 52-week low on Thursday . The company traded as low as C$35.10 and last traded at C$35.15, with a volume of 18473 shares. The stock had previously closed at C$36.50.

Canadian General Investments Price Performance

The company has a market cap of C$652.32 million, a price-to-earnings ratio of 4.00 and a beta of 1.18. The company's 50-day simple moving average is C$37.54 and its 200-day simple moving average is C$39.51. The company has a debt-to-equity ratio of 13.42, a current ratio of 6.79 and a quick ratio of 7.44.

About Canadian General Investments

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Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalization.

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