Canadian General Investments (TSE:CGI) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Canadian General Investments (TSE:CGIGet Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$40.70 and traded as low as C$40.00. Canadian General Investments shares last traded at C$40.00, with a volume of 3,649 shares.

Canadian General Investments Stock Down 1.1 %

The company has a debt-to-equity ratio of 13.42, a quick ratio of 7.44 and a current ratio of 6.79. The firm has a market capitalization of C$825.43 million, a P/E ratio of 5.07 and a beta of 1.18. The stock has a fifty day moving average price of C$40.65 and a two-hundred day moving average price of C$39.88.

Canadian General Investments Company Profile

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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.

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