Callidus Capital (TSE:CBL) Share Price Crosses Above 50 Day Moving Average - Here's Why

Key Points

• Callidus Capital Corp's shares have crossed above their 50-day moving average, reaching a high of C$22.14 during trading.
• The company's market capitalization stands at C$1.26 billion, with a notable P/E ratio of -5.26.
• Callidus Capital has a high debt-to-equity ratio of 1,111.72, indicating significant leverage in its financial structure.

Callidus Capital Corp (TSE:CBL - ) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$21.91 and traded as high as C$22.14. Callidus Capital shares last traded at C$22.14, with a volume of 100 shares changing hands.

Callidus Capital Stock Up 0.5%

The stock has a market cap of C$1.26 billion and a P/E ratio of -5.26. The company's 50 day moving average is C$21.91. The company has a debt-to-equity ratio of 1,111.72, a quick ratio of 0.45 and a current ratio of 0.78.

Callidus Capital Company Profile

The fund investing in exchange traded funds (ETFs) that invest in Canadian, U.S. and international fixed income and equity securities. The fund provide a balance between longterm capital appreciation and income with an emphasis on longterm capital appreciation.

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