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Canadian General Investments (TSE:CGI) Stock Passes Below 50 Day Moving Average - Here's What Happened

Canadian General Investments logo with Financial Services background

Shares of Canadian General Investments (TSE:CGI - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$36.36 and traded as low as C$32.52. Canadian General Investments shares last traded at C$33.00, with a volume of 6,148 shares.

Canadian General Investments Stock Performance

The stock has a market cap of C$728.07 million, a P/E ratio of 4.47 and a beta of 1.18. The company has a fifty day moving average price of C$35.94 and a 200 day moving average price of C$39.01. The company has a debt-to-equity ratio of 13.42, a current ratio of 6.79 and a quick ratio of 7.44.

About Canadian General Investments

(Get Free Report)

Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalization.

See Also

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