Canadian General Investments (LON:CGI) Sets New 52-Week High – Here’s What Happened

Canadian General Investments (LON:CGI) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 2,770 and last traded at GBX 2,701, with a volume of 3095 shares. The stock had previously closed at GBX 2,695.

Canadian General Investments Price Performance

The stock has a market cap of £563.46 million, a PE ratio of 3.03 and a beta of 1.18. The company has a quick ratio of 7.44, a current ratio of 6.79 and a debt-to-equity ratio of 13.42. The company’s fifty day moving average is GBX 2,615.76 and its 200 day moving average is GBX 2,469.83.

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.