Free Trial

Canoe EIT Income Fund (OTCMKTS:ENDTF) Stock Price Crosses Below 50 Day Moving Average - Here's What Happened

Canoe EIT Income Fund logo with Finance background

Canoe EIT Income Fund (OTCMKTS:ENDTF - Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$10.83 and traded as low as C$10.78. Canoe EIT Income Fund shares last traded at C$10.79, with a volume of 4,984 shares changing hands.

Canoe EIT Income Fund Stock Up 0.0 %

The firm has a market capitalization of C$1.29 billion and a P/E ratio of 3.07. The company has a debt-to-equity ratio of 29.91, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a 50 day moving average of C$10.83 and a 200-day moving average of C$10.61.

Canoe EIT Income Fund Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 23rd will be paid a dividend of $0.0696 per share. This represents a yield of 7.82%. The ex-dividend date of this dividend is Wednesday, January 22nd. Canoe EIT Income Fund's dividend payout ratio is 17.05%.

About Canoe EIT Income Fund

(Get Free Report)

Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors.

Read More

Should You Invest $1,000 in Canoe EIT Income Fund Right Now?

Before you consider Canoe EIT Income Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canoe EIT Income Fund wasn't on the list.

While Canoe EIT Income Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines