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Canadian General Investments (LON:CGI) Stock Price Passes Below Two Hundred Day Moving Average of $2,037.35

Financial News Live ·  Apr 8, 2023 22:41

Canadian General Investments, Limited (LON:CGI – Get Rating) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,037.35 ($25.30) and traded as low as GBX 1,950 ($24.22). Canadian General Investments shares last traded at GBX 1,959.60 ($24.34), with a volume of 5,044 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reiterated a "house stock" rating on shares of Canadian General Investments in a report on Thursday, February 23rd.

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Canadian General Investments Stock Performance

The company has a market cap of £415.11 million, a price-to-earnings ratio of -273.35 and a beta of 1.25. The company has a current ratio of 7.64, a quick ratio of 7.44 and a debt-to-equity ratio of 7.45. The stock's fifty day simple moving average is GBX 2,002.14 and its 200 day simple moving average is GBX 2,036.65.

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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