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

Posted by Dante Gardener on Jan 18th, 2025

Canadian General Investments (LON:CGI – Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 2,460 ($29.93) and last traded at GBX 2,460 ($29.93), with a volume of 2038 shares. The stock had previously closed at GBX 2,330 ($28.35).

Canadian General Investments Stock Down 3.4 %

The stock’s fifty day moving average is GBX 2,302.09 and its two-hundred day moving average is GBX 2,218.46. The company has a current ratio of 6.79, a quick ratio of 7.44 and a debt-to-equity ratio of 13.42. The company has a market capitalization of £475.61 million, a PE ratio of 522.94 and a beta of 1.18.

About Canadian General Investments

(Get Free Report)

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.