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Canadian General Investments (TSE:CGI) Share Price Passes Below Fifty Day Moving Average - Here's Why

Canadian General Investments logo with Financial Services background

Canadian General Investments (TSE:CGI - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$36.36 and traded as low as C$32.52. Canadian General Investments shares last traded at C$33.00, with a volume of 6,148 shares.

Canadian General Investments Stock Down 0.2 %

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 business has a 50-day simple moving average of C$36.22 and a 200-day simple moving average of C$39.10. The company has a market cap of C$694.40 million, a PE ratio of 4.26 and a beta of 1.18.

About Canadian General Investments

(Get Free Report)

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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