Key Points
- Canadian General Investments director Clive William Robinson bought 750 shares on July 17 for C$38,437.50 at an average price of C$51.25 per share.
- After the purchase, Robinson’s direct ownership rose to 7,500 shares, valued at about C$384,375, marking an 11.11% increase in his stake.
- The company’s stock recently opened at C$50.95, with a market cap of C$1.06 billion and a low P/E ratio of 4.10, while trading near its recent moving averages.
Canadian General Investments (TSE:CGI - Get Free Report) Director Clive William Robinson bought 750 shares of the business's stock in a transaction on Friday, July 17th. The stock was purchased at an average price of C$51.25 per share, with a total value of C$38,437.50. Following the completion of the transaction, the director directly owned 7,500 shares of the company's stock, valued at C$384,375. This trade represents a 11.11% increase in their ownership of the stock.
Canadian General Investments Stock Performance
Shares of TSE CGI opened at C$50.95 on Tuesday. The stock has a fifty day moving average price of C$52.09 and a two-hundred day moving average price of C$50.21. The company has a debt-to-equity ratio of 11.89, a quick ratio of 7.44 and a current ratio of 9.42. The firm has a market cap of C$1.06 billion, a P/E ratio of 4.10 and a beta of 1.12. Canadian General Investments has a 1 year low of C$39.51 and a 1 year high of C$54.29.
About Canadian General Investments
(
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A closed-end equity fund focused on medium to long-term capital appreciation and dividends in Canadian corporations. The Manager utilizes a bottom-up investment strategy in an effort to achieve the Corporations investment objectives. With this type of investment strategy, the Manager first seeks individual companies with attractive investment potential, then proceeds to consider the larger industry, economic and global trends affecting those companies. The Manager attempts to mitigate market risk by maintaining a well-diversified portfolio of primarily publicly-listed Canadian equities with individual positions generally not exceeding 5 percent of the total investment portfolio.
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