Canadian General Investments (TSE:CGI) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Shares of Canadian General Investments (TSE:CGIGet Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$40.89 and traded as low as C$39.16. Canadian General Investments shares last traded at C$39.25, with a volume of 11,027 shares trading hands.

Canadian General Investments Trading Up 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 company has a market cap of C$822.93 million, a price-to-earnings ratio of 5.05 and a beta of 1.18. The business’s fifty day moving average price is C$40.86 and its 200 day moving average price is C$39.65.

About Canadian General Investments

(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.

Read More

Receive News & Ratings for Canadian General Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian General Investments and related companies with MarketBeat.com's FREE daily email newsletter.