Premium Income Corporation (TSE:PIC.A - Get Free Report) was down 0.5% during mid-day trading on Tuesday . The company traded as low as C$4.30 and last traded at C$4.31. Approximately 28,840 shares traded hands during trading, a decline of 23% from the average daily volume of 37,669 shares. The stock had previously closed at C$4.33.
Premium Income Price Performance
The company has a quick ratio of 1.45, a current ratio of 1.18 and a debt-to-equity ratio of 562.70. The stock has a fifty day moving average of C$4.02 and a 200-day moving average of C$4.05. The stock has a market capitalization of C$83.53 million, a price-to-earnings ratio of 0.00 and a beta of 1.20.
About Premium Income
(
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Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank.
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