Canadian General Investments (TSE:CGI) Shares Cross Below 50-Day Moving Average – What’s Next?

Canadian General Investments (TSE:CGIGet Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$39.15 and traded as low as C$36.39. Canadian General Investments shares last traded at C$36.39, with a volume of 3,503 shares.

Canadian General Investments Stock Performance

The company has a market cap of C$786.99 million, a PE ratio of 4.83 and a beta of 1.18. The company has a quick ratio of 7.44, a current ratio of 6.79 and a debt-to-equity ratio of 13.42. The business’s fifty day moving average is C$38.98 and its 200-day moving average is C$39.78.

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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