Canadian General Investments (TSE:CGI) Hits New 52-Week Low – What’s Next?

Canadian General Investments (TSE:CGIGet Free Report)’s share price reached a new 52-week low on Tuesday . The company traded as low as C$35.13 and last traded at C$35.39, with a volume of 5960 shares changing hands. The stock had previously closed at C$35.82.

Canadian General Investments Price Performance

The company has a debt-to-equity ratio of 13.42, a current ratio of 6.79 and a quick ratio of 7.44. The stock has a market capitalization of C$760.06 million, a P/E ratio of 4.66 and a beta of 1.18. The stock’s fifty day moving average is C$39.51 and its 200-day moving average is C$39.84.

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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