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Canadian General Investments (TSE:CGI) Stock Price Down 0.5% - Time to Sell?

Canadian General Investments logo with Financial Services background

Canadian General Investments (TSE:CGI - Get Free Report) fell 0.5% on Friday . The company traded as low as C$40.56 and last traded at C$40.57. 2,700 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 7,110 shares. The stock had previously closed at C$40.78.

Canadian General Investments Trading Down 0.5%

The company has a debt-to-equity ratio of 13.42, a current ratio of 6.79 and a quick ratio of 7.44. The business's 50-day moving average price is C$37.74 and its two-hundred day moving average price is C$37.65. The company has a market capitalization of C$853.69 million, a price-to-earnings ratio of 5.24 and a beta of 1.18.

Canadian General Investments Company Profile

(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.

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