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Canoe EIT Income Fund (OTCMKTS:ENDTF) Shares Gap Down - Time to Sell?

Canoe EIT Income Fund logo with Finance background
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Key Points

  • Shares gapped down before the open, opening at C$11.75 vs a prior close of C$12.07 and last trading at C$12.08 on only 200 shares, indicating the gap was small and trading volume was very light.
  • The fund has a market cap of C$1.45 billion and a very low P/E of 3.45, with current and quick ratios of 0.96, a debt-to-equity of 29.91, and its price sitting near the 50‑day (C$12.11) and 200‑day (C$11.50) moving averages, implying low valuation with moderate leverage and a price close to its recent averages.
  • Five stocks to consider instead of Canoe EIT Income Fund.

Canoe EIT Income Fund (OTCMKTS:ENDTF - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at C$12.07, but opened at C$11.75. Canoe EIT Income Fund shares last traded at C$12.08, with a volume of 200 shares changing hands.

Canoe EIT Income Fund Stock Performance

The firm has a market cap of C$1.45 billion and a price-to-earnings ratio of 3.45. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 29.91. The company has a 50 day moving average of C$12.11 and a 200 day moving average of C$11.50.

Canoe EIT Income Fund Company Profile

(Get Free Report)

Canoe EIT Income Fund OTCMKTS: ENDTF is a closed-end investment fund established to provide investors with regular income and the potential for long-term capital growth. The fund primarily holds equity and fixed-income securities, with a focus on Canadian companies that generate stable cash flows. By investing across a diversified portfolio of sectors—including energy infrastructure, utilities, real estate and financial services—the fund seeks to balance income generation with moderate growth prospects.

The portfolio is actively managed by Canoe Financial, an independent Canadian asset manager headquartered in Toronto.

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