Canadian General Investments (LON:CGI) Stock Price Crosses Below Two Hundred Day Moving Average of $2,060.69

Canadian General Investments, Limited (LON:CGI – Get Rating)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,060.69 ($24.78) and traded as low as GBX 1,919.20 ($23.08). Canadian General Investments shares last traded at GBX 1,994 ($23.98), with a volume of 5,675 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Canadian General Investments in a research report on Thursday, February 23rd.

Canadian General Investments Stock Performance

The firm has a 50-day simple moving average of GBX 2,024.52 and a two-hundred day simple moving average of GBX 2,060.69. The company has a market capitalization of £415.95 million, a price-to-earnings ratio of -304.43 and a beta of 1.24. The company has a current ratio of 7.44, a quick ratio of 7.44 and a debt-to-equity ratio of 15.38.

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.