Canadian General Investments (TSE:CGI) Shares Pass Below Fifty Day Moving Average – What’s Next?

Canadian General Investments (TSE:CGIGet Free Report)’s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$40.70 and traded as low as C$40.00. Canadian General Investments shares last traded at C$40.00, with a volume of 3,649 shares trading hands.

Canadian General Investments Price Performance

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 firm has a market cap of C$834.40 million, a P/E ratio of 5.12 and a beta of 1.18. The company has a 50 day moving average of C$40.70 and a two-hundred day moving average of C$39.87.

Canadian General Investments Company Profile

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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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