Callidus Capital (TSE:CBL) Shares Cross Above 50 Day Moving Average - Should You Sell?

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.

Shares of Callidus Capital Corp (TSE:CBL - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 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 trading hands.

Callidus Capital Price Performance

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. The stock has a market cap of C$1.31 billion, a price-to-earnings ratio of -5.39 and a beta of 1.04. The stock's 50-day simple moving average is C$22.22.

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.