Canoe EIT Income Fund (OTCMKTS:ENDTF) Shares Climb 1.1% – Here’s What Happened

Canoe EIT Income Fund (OTCMKTS:ENDTF)’s share price shot up 1.1% during mid-day trading on Friday. The stock traded as high as C$12.80 and last traded at C$12.80. 2,193 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 21,555 shares. The stock had previously closed at C$12.65.

Canoe EIT Income Fund Trading Up 1.1%

The business’s fifty day moving average is C$12.53 and its 200-day moving average is C$12.39. The firm has a market cap of C$1.53 billion and a P/E ratio of 3.64. 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 Company Profile

Canoe EIT Income Fund is a Canadian closed-end investment fund managed by Canoe Financial. Its objective is to provide investors with income and the potential for long-term capital appreciation through an actively managed, diversified portfolio. The fund invests in income-producing securities, including equities and fixed-income investments, across a range of industries and geographic markets. Its portfolio approach gives investors exposure to a mix of companies and other investments rather than a single sector.