Canoe EIT Income Fund (TSE:EIT.UN – Get Free Report)’s stock price shot up 0.1% on Wednesday . The company traded as high as C$15.53 and last traded at C$15.42. 122,767 shares traded hands during trading, a decline of 29% from the average session volume of 173,287 shares. The stock had previously closed at C$15.41.
Canoe EIT Income Fund Trading Up 0.1%
The firm’s 50-day moving average price is C$15.33. The firm has a market capitalization of C$2.83 billion, a price-to-earnings ratio of 4.90 and a beta of 0.47.
Canoe EIT Income Fund Company Profile
The investment objectives of the Fund are to maximize monthly distributions relative to risk and maximize Net Asset Value, while maintaining and expanding a diversified investment portfolio, primarily through acquiring, investing, holding, transferring, disposing of or otherwise dealing with or in equity and debt securities of corporations, partnerships, or other issuers and such other investments as the Manager may determine in its sole discretion from time to time.
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