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Canadian General Investments (LON:CGI) Stock Price Passes Below 200 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 passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,161.75 ($29.04) and traded as low as GBX 1,735 ($23.31). Canadian General Investments shares last traded at GBX 1,829.20 ($24.58), with a volume of 2,885 shares changing hands.

Canadian General Investments Trading Up 0.9 %

The stock has a market capitalization of £672.08 million, a P/E ratio of 4.12 and a beta of 1.18. 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's fifty day moving average price is GBX 1,939.76 and its two-hundred day moving average price is GBX 2,155.77.

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.

Further Reading

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