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Callidus Capital (TSE:CBL) Stock Crosses Above Fifty Day Moving Average - What's Next?

Callidus Capital logo with Finance background

Key Points

  • Callidus Capital Corp (TSE:CBL) stock price has crossed above its 50-day moving average of C$22.28, reaching a high of C$23.11 during trading.
  • The company's market cap stands at C$1.32 billion, with a P/E ratio of -5.42 and a notably high debt-to-equity ratio of 1,111.72.
  • Callidus Capital focuses on investing in ETFs that cover Canadian, U.S., and international fixed income and equity securities, prioritizing long-term capital appreciation.
  • MarketBeat previews top five stocks to own in November.

Shares of Callidus Capital Corp (TSE:CBL - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$22.28 and traded as high as C$23.11. Callidus Capital shares last traded at C$23.10, with a volume of 400 shares trading hands.

Callidus Capital Price Performance

The company has a debt-to-equity ratio of 1,111.72, a current ratio of 0.78 and a quick ratio of 0.45. The stock has a 50-day moving average price of C$22.33. The firm has a market capitalization of C$1.32 billion, a price-to-earnings ratio of -5.42 and a beta of 1.04.

About Callidus Capital

(Get Free Report)

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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