Canadian General Investments (TSE:CGI) Stock Price Passes Above 50-Day Moving Average of $38.48

Canadian General Investments (TSE:CGI) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$38.48 and traded as high as C$39.12. Canadian General Investments shares last traded at C$39.12, with a volume of 2,673 shares traded.

Canadian General Investments Trading Up 0.7 %

The company has a market capitalization of C$816.04 million, a P/E ratio of 5.00 and a beta of 1.18. The company has a debt-to-equity ratio of 13.42, a current ratio of 6.79 and a quick ratio of 7.44. The business’s 50-day moving average price is C$38.48 and its two-hundred day moving average price is C$37.57.

Canadian General Investments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Sunday, September 15th. Shareholders of record on Friday, August 30th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, August 30th. This represents a $1.00 annualized dividend and a yield of 2.56%. Canadian General Investments’s dividend payout ratio is presently 12.79%.

Canadian General Investments Company Profile

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.