Canadian General Investments (LON:CGI) Hits New 1-Year High - Here's What Happened

Key Points

• Canadian General Investments (LON:CGI) reached a new 52-week high of GBX 2,510 ($33.84) on Monday, with a trading volume of 2,194 shares.
• The company is a closed-end equity fund that focuses on medium- to long-term investments primarily in Canadian corporations, aiming for above-average returns.
• Canadian General Investments has a market cap of £523.61 million and a high PE ratio of 281.39, indicating a growth-oriented profile.

Canadian General Investments (LON:CGI - ) shares reached a new 52-week high on Monday . The company traded as high as GBX 2,510 ($33.84) and last traded at GBX 2,510 ($33.84), with a volume of 2194 shares. The stock had previously closed at GBX 2,459 ($33.15).

Canadian General Investments Stock Performance

The stock has a market cap of £523.61 million, a PE ratio of 281.39 and a beta of 1.18. The company has a quick ratio of 7.44, a current ratio of 6.79 and a debt-to-equity ratio of 13.42. The stock has a 50-day moving average of GBX 2,296.50 and a 200 day moving average of GBX 2,100.19.

About Canadian General Investments

Canadian General Investments, Limited (CGI or the Company) is a closed-end equity fund focused on medium- to long-term investments in primarily Canadian corporations. Its objective is to provide better than average returns to investors through prudent security selection, timely recognition of capital gains/losses and appropriate income generating instruments. CGI was established in 1930 and has been managed since 1956 by Morgan Meighen & Associates Limited.

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