Canadian General Investments (LON:CGI) Sets New 1-Year Low – Should You Sell?

Shares of Canadian General Investments (LON:CGIGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as GBX 1,980 ($25.68) and last traded at GBX 2,018 ($26.17), with a volume of 513 shares traded. The stock had previously closed at GBX 2,040 ($26.46).

Canadian General Investments Price Performance

The stock has a market cap of £732.69 million, a P/E ratio of 4.50 and a beta of 1.18. The company has a debt-to-equity ratio of 13.42, a quick ratio of 7.44 and a current ratio of 6.79. The firm has a 50-day moving average price of GBX 2,225.30 and a 200-day moving average price of GBX 2,223.02.

About Canadian General Investments

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Canadian General Investments, Limited (CGI or the Company) is a closed-end equity fund focused on medium- to long-term investments in primarily Canadian corporations. Its objective is to provide better than average returns to investors through prudent security selection, timely recognition of capital gains/losses and appropriate income generating instruments.

CGI was established in 1930 and has been managed since 1956 by Morgan Meighen & Associates Limited.

Further Reading

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