Canadian Life Companies Split Corp. (TSE:LFE – Get Free Report) shares traded down 1% during mid-day trading on Tuesday. The stock traded as low as C$8.81 and last traded at C$8.93. Approximately 61,472 shares traded hands during trading, a decline of 45% from the average session volume of 112,747 shares. The stock had previously closed at C$9.02.
Canadian Life Companies Split Price Performance
The stock has a market capitalization of C$194.25 million, a PE ratio of 2.44 and a beta of 3.15. The company has a current ratio of 1.81, a quick ratio of 1.32 and a debt-to-equity ratio of 124.90. The company’s 50 day simple moving average is C$8.86 and its 200 day simple moving average is C$8.17.
Canadian Life Companies Split Company Profile
The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the original issue price and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.
See Also
- Five stocks we like better than Canadian Life Companies Split
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for Canadian Life Companies Split Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Life Companies Split and related companies with MarketBeat.com's FREE daily email newsletter.
