Canadian General Investments (LON:CGI) Reaches New 1-Year High – What’s Next?

Shares of Canadian General Investments (LON:CGIGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 2,460 ($29.93) and last traded at GBX 2,460 ($29.93), with a volume of 2038 shares traded. The stock had previously closed at GBX 2,330 ($28.35).

Canadian General Investments Trading Down 3.4 %

The company has a debt-to-equity ratio of 13.42, a quick ratio of 7.44 and a current ratio of 6.79. The business has a 50 day moving average of GBX 2,302.09 and a two-hundred day moving average of GBX 2,218.46. The firm has a market capitalization of £475.61 million, a price-to-earnings ratio of 522.94 and a beta of 1.18.

Canadian General Investments Company Profile

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Canadian General Investments, Limited (CGI or the Company) is a closed-end equity fund focused on medium- to long-term investments in primarily Canadian corporations. Its objective is to provide better than average returns to investors through prudent security selection, timely recognition of capital gains/losses and appropriate income generating instruments.

CGI was established in 1930 and has been managed since 1956 by Morgan Meighen & Associates Limited.

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