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Canadian General Investments (LON:CGI) Stock Price Passes Below Two Hundred Day Moving Average - Should You Sell?

Canadian General Investments logo with Financial Services background

Canadian General Investments (LON:CGI - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,101.89 ($28.52) and traded as low as GBX 2,030 ($27.54). Canadian General Investments shares last traded at GBX 2,030 ($27.54), with a volume of 513 shares changing hands.

Canadian General Investments Trading Down 0.9%

The stock has a market cap of £753.35 million, a P/E ratio of 4.62 and a beta of 1.18. The company has a debt-to-equity ratio of 13.42, a quick ratio of 7.44 and a current ratio of 6.79. The firm's fifty day simple moving average is GBX 1,923.45 and its 200-day simple moving average is GBX 2,101.89.

Canadian General Investments Company Profile

(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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