Canadian General Investments (LON:CGI) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Canadian General Investments (LON:CGI) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 1,891.36 ($25.26) and traded as high as GBX 1,977 ($26.41). Canadian General Investments shares last traded at GBX 1,957 ($26.14), with a volume of 4,795 shares changing hands.

Canadian General Investments Trading Down 1.1%

The company has a debt-to-equity ratio of 13.42, a current ratio of 6.79 and a quick ratio of 7.44. The firm has a fifty day simple moving average of GBX 1,891.36 and a two-hundred day simple moving average of GBX 2,128.44. The firm has a market capitalization of £712.73 million, a P/E ratio of 4.37 and a beta of 1.18.

Canadian General Investments Company Profile

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.