Shares of Canadian General Investments (TSE:CGI – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$50.04 and last traded at C$49.85, with a volume of 2594 shares changing hands. The stock had previously closed at C$49.73.
Canadian General Investments Price Performance
The stock has a market capitalization of C$1.04 billion, a P/E ratio of 5.59 and a beta of 0.96. The company has a 50 day moving average of C$47.14 and a 200-day moving average of C$44.60. The company has a quick ratio of 7.44, a current ratio of 6.79 and a debt-to-equity ratio of 13.42.
About Canadian General Investments
A closed-end equity fund focused on medium to long-term capital appreciation and dividends in Canadian corporations. The Manager utilizes a bottom-up investment strategy in an effort to achieve the Corporations investment objectives. With this type of investment strategy, the Manager first seeks individual companies with attractive investment potential, then proceeds to consider the larger industry, economic and global trends affecting those companies. The Manager attempts to mitigate market risk by maintaining a well-diversified portfolio of primarily publicly-listed Canadian equities with individual positions generally not exceeding 5 percent of the total investment portfolio.
Featured Articles
- Five stocks we like better than Canadian General Investments
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- The $100 Trillion AI Story No One Is Telling You
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.
