Canadian Life Companies Split Corp. (TSE:LFE - Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as C$6.87 and last traded at C$6.86, with a volume of 55883 shares. The stock had previously closed at C$6.64.
Canadian Life Companies Split Price Performance
The company has a market capitalization of C$69.94 million, a PE ratio of 5.17 and a beta of 2.91. The firm has a fifty day simple moving average of C$6.80 and a 200 day simple moving average of C$5.65. The company has a debt-to-equity ratio of 210.26, a quick ratio of 1.33 and a current ratio of 1.47.
Canadian Life Companies Split Company Profile
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Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the life insurance sector. It primarily invests in stocks of four publicly traded life insurance companies namely Great-West Lifeco Inc, Industrial Alliance Insurance and Financial Services Inc, Manulife Financial Corporation, and Sun Life Financial Inc The fund employs fundamental analysis with a focus on such factors as a firm's earning history, relative price-earnings multiple, cash flow, dividend yield, market position, and growth prospects to create its portfolio.
Further Reading
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