Challenger (ASX:CGF) Sets New 52-Week High at $10.04

Challenger Ltd (ASX:CGF)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as A$10.04 ($7.12) and last traded at A$10.00 ($7.09), with a volume of 2777273 shares. The stock had previously closed at A$8.87 ($6.29).

The company has a market cap of $6.11 billion and a P/E ratio of 22.31. The company has a current ratio of 1.71, a quick ratio of 1.61 and a debt-to-equity ratio of 204.13. The business has a 50 day moving average price of A$8.54 and a 200-day moving average price of A$7.70.

Challenger Company Profile (ASX:CGF)

Challenger Limited is a publicly owned investment manager. The company also provides retirement services to its clients. It manages equity mutual funds. The firm invests into the public equity markets. Challenger Limited was founded in 1985 and is based in Australia, Asia and United Kingdom.

Further Reading: How Do You Calculate Return on Equity (ROE)?

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