Canadian General Investments (LON:CGI) Reaches New 12-Month High – Here’s What Happened

Canadian General Investments (LON:CGI)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 2,880 and last traded at GBX 2,880, with a volume of 817 shares traded. The stock had previously closed at GBX 2,800.

Canadian General Investments Trading Down 0.3%

The firm’s 50 day moving average is GBX 2,782.38 and its 200 day moving average is GBX 2,674.28. The company has a market cap of £567.96 million, a PE ratio of 2.19 and a beta of 0.92. The company has a debt-to-equity ratio of 11.89, a current ratio of 9.42 and a quick ratio of 7.44.

Canadian General Investments Company Profile

Canadian General Investments, Limited (CGI or the Company) is a closed-end equity fund focused on medium- to long-term investments in primarily Canadian corporations. Its objective is to provide better than average returns to investors through prudent security selection, timely recognition of capital gains/losses and appropriate income generating instruments.

CGI was established in 1930 and has been managed since 1956 by Morgan Meighen & Associates Limited. The Company’s common shares are listed on both the Toronto Stock Exchange and the London Stock Exchange.