Shares of Canadian General Investments (TSE:CGI – Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as C$54.18 and last traded at C$52.99, with a volume of 3036 shares traded. The stock had previously closed at C$52.81.
Canadian General Investments Stock Up 0.2%
The company has a debt-to-equity ratio of 11.89, a current ratio of 9.42 and a quick ratio of 7.44. The company has a market capitalization of C$1.10 billion, a price-to-earnings ratio of 4.26 and a beta of 0.99. The firm has a 50-day moving average price of C$50.54 and a two-hundred day moving average price of C$48.93.
Canadian General Investments Company Profile
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.
Read More
- Five stocks we like better than Canadian General Investments
- Macy’s Delivers Strong Q1, Raises Outlook, but Wall Street Remains Cautious
- NVIDIA Sends a Message With RTX Spark—This Is What It Says
- Buy the Dip? Broadcom’s AI Moat Is Wider Than Ever
- The Great AI Server Rotation Puts Hewlett Packard Enterprise and Super Micro Computer in Focus
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.
