Premium Income (TSE:PIC.A) Trading Down 0.3%

Premium Income Corporation (TSE:PIC.AGet Rating) traded down 0.3% during trading on Friday . The company traded as low as C$6.49 and last traded at C$6.50. 21,873 shares were traded during mid-day trading, an increase of 11% from the average session volume of 19,777 shares. The stock had previously closed at C$6.52.

Premium Income Stock Down 0.3 %

The business has a 50-day simple moving average of C$6.96 and a two-hundred day simple moving average of C$6.74. The stock has a market capitalization of C$86.58 million, a P/E ratio of -2.63 and a beta of 1.18. The company has a quick ratio of 1.45, a current ratio of 1.28 and a debt-to-equity ratio of 352.37.

Premium Income Company Profile

(Get Rating)

Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank.

Featured Articles

Receive News & Ratings for Premium Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premium Income and related companies with's FREE daily email newsletter.