Free Trial

Canoe EIT Income Fund (OTCMKTS:ENDTF) Shares Pass Above 50-Day Moving Average - Here's What Happened

Canoe EIT Income Fund logo with Finance background

Canoe EIT Income Fund (OTCMKTS:ENDTF - Get Free Report)'s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$11.16 and traded as high as C$11.47. Canoe EIT Income Fund shares last traded at C$11.46, with a volume of 956 shares trading hands.

Canoe EIT Income Fund Price Performance

The stock has a market capitalization of C$1.37 billion and a price-to-earnings ratio of 3.26. The business has a 50-day moving average of C$11.16 and a 200-day moving average of C$10.77. The company has a debt-to-equity ratio of 29.91, a quick ratio of 0.96 and a current ratio of 0.96.

Canoe EIT Income Fund Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 23rd will be paid a $0.0732 dividend. The ex-dividend date of this dividend is Friday, June 20th. This is a boost from Canoe EIT Income Fund's previous dividend of $0.07. This represents a dividend yield of 7.66%. 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.

Read More

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

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

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

Featured Articles and Offers

Recent Videos

3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines