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

Canadian General Investments (TSE:CGIGet Free Report)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$40.52 and traded as low as C$40.02. Canadian General Investments shares last traded at C$40.54, with a volume of 2,937 shares changing hands.

Canadian General Investments Stock Up 0.3 %

The company has a current ratio of 6.79, a quick ratio of 7.44 and a debt-to-equity ratio of 13.42. The company has a market cap of C$853.06 million, a P/E ratio of 5.23 and a beta of 1.18. The firm’s 50 day moving average price is C$40.52 and its 200-day moving average price is C$39.94.

About Canadian General Investments

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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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