Canadian General Investments (LON:CGI) Sets New 1-Year High – Time to Buy?

Canadian General Investments (LON:CGI – Get Free Report) shares hit a new 52-week high during trading on Friday . The stock traded as high as GBX 2,900 and last traded at GBX 2,900, with a volume of 471 shares traded. The stock had previously closed at GBX 2,820.

Canadian General Investments Trading Up 1.4%

The firm has a market capitalization of £596.62 million, a P/E ratio of 2.30 and a beta of 0.91. The company has a quick ratio of 7.44, a current ratio of 9.07 and a debt-to-equity ratio of 12.40. The firm has a 50 day moving average of GBX 2,761.92 and a 200-day moving average of GBX 2,719.92.

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Canadian General Investments Company Profile

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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.

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