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Canadian General Investments (LON:CGI) Stock Price Passes Below Two Hundred Day Moving Average - Here's Why

Canadian General Investments logo with Financial Services background

Canadian General Investments (LON:CGI - Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2,109.77 ($28.65) and traded as low as GBX 2,050.18 ($27.84). Canadian General Investments shares last traded at GBX 2,080 ($28.25), with a volume of 2,557 shares.

Canadian General Investments Stock Down 1.4%

The company has a current ratio of 6.79, a quick ratio of 7.44 and a debt-to-equity ratio of 13.42. The stock has a market capitalization of £745.75 million, a PE ratio of 4.58 and a beta of 1.18. The stock's fifty day simple moving average is GBX 1,904.83 and its 200-day simple moving average is GBX 2,109.39.

About Canadian General Investments

(Get Free Report)

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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