Canoe EIT Income Fund (OTCMKTS:ENDTF) Sets New 52-Week High – What’s Next?

Canoe EIT Income Fund (OTCMKTS:ENDTFGet Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as C$11.75 and last traded at C$10.89, with a volume of 1811 shares traded. The stock had previously closed at C$10.93.

Canoe EIT Income Fund Trading Up 1.3 %

The company has a debt-to-equity ratio of 29.91, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market capitalization of C$1.32 billion and a price-to-earnings ratio of 3.13. The firm has a fifty day moving average price of C$10.48 and a 200-day moving average price of C$10.23.

Canoe EIT Income Fund Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Wednesday, October 23rd will be paid a $0.0737 dividend. The ex-dividend date of this dividend is Tuesday, October 22nd. This represents a yield of 8.12%. Canoe EIT Income Fund’s dividend payout ratio (DPR) is 17.05%.

Canoe EIT Income Fund Company Profile

(Get Free Report)

Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors.

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