Canoe EIT Income Fund (OTCMKTS:ENDTF – Get Free Report)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$10.61 and traded as high as C$10.72. Canoe EIT Income Fund shares last traded at C$10.72, with a volume of 466 shares changing hands.
Canoe EIT Income Fund Stock Down 2.1 %
The company has a market capitalization of C$1.26 billion and a price-to-earnings ratio of 2.99. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 29.91. The firm’s 50 day simple moving average is C$10.61 and its 200-day simple moving average is C$10.75.
Canoe EIT Income Fund Cuts Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 24th will be given a dividend of $0.0696 per share. This represents a yield of 7.87%. The ex-dividend date is Friday, March 21st. Canoe EIT Income Fund’s payout ratio is 17.05%.
Canoe EIT Income Fund Company Profile
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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