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Canadian General Investments (LON:CGI) Stock Price Crosses Above 50-Day Moving Average - Here's What Happened

Canadian General Investments logo with Financial Services background

Canadian General Investments (LON:CGI - Get Free Report)'s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 2,000.97 ($27.31) and traded as high as GBX 2,140 ($29.21). Canadian General Investments shares last traded at GBX 2,096.90 ($28.62), with a volume of 18,558 shares changing hands.

Canadian General Investments Trading Up 0.3%

The company has a 50 day moving average of GBX 2,022.40 and a 200 day moving average of GBX 2,075.67. 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 stock has a market capitalization of £753.15 million, a price-to-earnings ratio of 4.62 and a beta of 1.18.

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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