Canadian General Investments (TSE:CGI) Shares Pass Below 50 Day Moving Average – Should You Sell?

Shares of Canadian General Investments (TSE:CGIGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$36.36 and traded as low as C$32.52. Canadian General Investments shares last traded at C$33.00, with a volume of 6,148 shares traded.

Canadian General Investments Trading Down 0.2 %

The company has a quick ratio of 7.44, a current ratio of 6.79 and a debt-to-equity ratio of 13.42. The stock’s 50 day moving average is C$36.36 and its two-hundred day moving average is C$39.14. The company has a market capitalization of C$694.40 million, a PE ratio of 4.26 and a beta of 1.18.

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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