Callidus Capital (TSE:CBL) Stock Crosses Above 50 Day Moving Average - Here's What Happened

Key Points

• Callidus Capital Corp's stock price has surpassed its 50-day moving average of C$22.15, reaching a high of C$22.99 during trading.
• The company has a significant debt-to-equity ratio of 1,111.72, alongside a current ratio of 0.78 and a market cap of C$1.31 billion.
• Callidus Capital focuses on investing in ETFs that target fixed income and equity securities in Canada, the U.S., and internationally, with an emphasis on long-term capital appreciation.

Callidus Capital Corp (TSE:CBL - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$22.15 and traded as high as C$22.99. Callidus Capital shares last traded at C$22.99, with a volume of 100 shares traded.

Callidus Capital Trading Up 2.3%

The firm's 50-day simple moving average is C$22.20. The company has a market cap of C$1.31 billion, a price-to-earnings ratio of -5.40 and a beta of 1.04. The company has a current ratio of 0.78, a quick ratio of 0.45 and a debt-to-equity ratio of 1,111.72.

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.