Free Trial

Canoe EIT Income Fund (OTCMKTS:ENDTF) Shares Gap Up - Here's What Happened

Canoe EIT Income Fund logo with Finance background

Key Points

  • Canoe EIT Income Fund shares opened at C$10.97, up from a previous close of C$10.40, reflecting a price gap up.
  • The company has announced a dividend payout of $0.0731, with a significant yield of 766.0%, despite a cut in dividend.
  • Canoe EIT Income Fund has a market capitalization of C$1.31 billion and a debt-to-equity ratio of 29.91, indicating high leverage.
  • Need better tools to track Canoe EIT Income Fund? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Canoe EIT Income Fund (OTCMKTS:ENDTF - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at C$10.40, but opened at C$10.97. Canoe EIT Income Fund shares last traded at C$10.97, with a volume of 500 shares traded.

Canoe EIT Income Fund Stock Up 0.5%

The firm has a market cap of C$1.32 billion and a PE ratio of 3.15. The stock has a 50 day simple moving average of C$11.28 and a 200-day simple moving average of C$10.90. The company has a debt-to-equity ratio of 29.91, a current ratio of 0.96 and a quick ratio of 0.96.

Canoe EIT Income Fund Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, August 15th. Shareholders of record on Wednesday, July 23rd will be issued a $0.0731 dividend. The ex-dividend date of this dividend is Tuesday, July 22nd. This represents a yield of 766.0%. Canoe EIT Income Fund's payout ratio is 17.05%.

About Canoe EIT Income Fund

(Get Free Report)

Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors.

Featured Articles

Should You Invest $1,000 in Canoe EIT Income Fund Right Now?

Before you consider Canoe EIT Income Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canoe EIT Income Fund wasn't on the list.

While Canoe EIT Income Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Stocks With Explosive Upside
September Slowdown: 3 Stocks to Buy When the Pullback Comes
3 Overlooked Stocks Riding the AI Data Center Boom

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines