Canadian General Investments (TSE:CGI – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$54.29 and last traded at C$53.63, with a volume of 2215 shares traded. The stock had previously closed at C$52.55.
Canadian General Investments Trading Up 1.6%
The firm’s 50-day moving average price is C$51.95 and its 200 day moving average price is C$49.83. The company has a market cap of C$1.11 billion, a price-to-earnings ratio of 4.30 and a beta of 1.12. The company has a current ratio of 9.42, a quick ratio of 7.44 and a debt-to-equity ratio of 11.89.
About Canadian General Investments
A closed-end equity fund focused on medium to long-term capital appreciation and dividends in Canadian corporations. The Manager utilizes a bottom-up investment strategy in an effort to achieve the Corporations investment objectives. With this type of investment strategy, the Manager first seeks individual companies with attractive investment potential, then proceeds to consider the larger industry, economic and global trends affecting those companies. The Manager attempts to mitigate market risk by maintaining a well-diversified portfolio of primarily publicly-listed Canadian equities with individual positions generally not exceeding 5 percent of the total investment portfolio.
See Also
- Five stocks we like better than Canadian General Investments
- This Edge AI Stock Just Got a Huge Vote of Confidence From Wall Street
- AI Is Selling Off, But These 5 Stocks Could Benefit Next
- These 3 Stocks Offer Investors Exposure to the Functional Beverage Boom
- Alcoa’s $4.1 Billion South32 Deal: Opportunity Behind the 9% Drop
Receive News & Ratings for Canadian General Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian General Investments and related companies with MarketBeat.com's FREE daily email newsletter.
