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Canoe EIT Income Fund (OTCMKTS:ENDTF) Stock Price Crosses Below Fifty Day Moving Average - What's Next?

Written by MarketBeat
October 21, 2025
Canoe EIT Income Fund logo with Finance background

Key Points

  • Canoe EIT Income Fund's stock has recently crossed below its 50-day moving average of C$11.09, indicating potential volatility in its trading pattern.
  • The company announced a dividend cut, with a recent payment of $0.0723 per share that reflects a yield of 772.0% and a payout ratio of 17.05%.
  • With a market capitalization of C$1.32 billion and a price-to-earnings ratio of 3.15, Canoe EIT Income Fund is positioned as a significant player in the closed-ended balanced fund sector.
  • Interested in Canoe EIT Income Fund? Here are five stocks we like better.

Canoe EIT Income Fund (OTCMKTS:ENDTF - Get Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$11.09 and traded as low as C$11.06. Canoe EIT Income Fund shares last traded at C$11.09, with a volume of 3,102 shares trading hands.

Canoe EIT Income Fund Stock Up 0.9%

The stock has a market capitalization of C$1.32 billion and a price-to-earnings ratio of 3.15. The firm's fifty day moving average is C$11.09 and its 200-day moving average is C$11.07. 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 firm also recently announced a dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 23rd were paid a dividend of $0.0723 per share. The ex-dividend date was Monday, September 22nd. This represents a yield of 772.0%. Canoe EIT Income Fund's payout ratio is presently 17.05%.

Canoe EIT Income Fund Company Profile

(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.

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