Canoe EIT Income Fund (OTCMKTS:ENDTF) Shares Cross Above Fifty Day Moving Average – What’s Next?

Canoe EIT Income Fund (OTCMKTS:ENDTF)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$11.79 and traded as high as C$12.38. Canoe EIT Income Fund shares last traded at C$12.32, with a volume of 42,952 shares trading hands.

Canoe EIT Income Fund Stock Down 0.9%

The company has a market capitalization of C$1.47 billion and a price-to-earnings ratio of 3.50. The company has a debt-to-equity ratio of 29.91, a current ratio of 0.96 and a quick ratio of 0.96. The firm’s fifty day moving average price is C$11.79 and its 200-day moving average price is C$11.33.

About Canoe EIT Income Fund

Canoe EIT Income Fund (OTCMKTS: ENDTF) is a closed-end investment fund established to provide investors with regular income and the potential for long-term capital growth. The fund primarily holds equity and fixed-income securities, with a focus on Canadian companies that generate stable cash flows. By investing across a diversified portfolio of sectors—including energy infrastructure, utilities, real estate and financial services—the fund seeks to balance income generation with moderate growth prospects.

The portfolio is actively managed by Canoe Financial, an independent Canadian asset manager headquartered in Toronto.