Canadian General Investments (TSE:CGI) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Canadian General Investments (TSE:CGIGet Free Report)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$39.15 and traded as low as C$36.39. Canadian General Investments shares last traded at C$36.39, with a volume of 3,503 shares changing hands.

Canadian General Investments Stock Up 0.1 %

The company has a fifty day simple moving average of C$38.98 and a 200-day simple moving average of C$39.78. 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$786.99 million, a P/E ratio of 4.83 and a beta of 1.18.

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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