Canadian Life Companies Split Corp. (TSE:LFE – Get Free Report) shares dropped 1% during trading on Tuesday. The company traded as low as C$8.81 and last traded at C$8.93. Approximately 61,472 shares changed hands during trading, a decline of 45% from the average daily volume of 112,747 shares. The stock had previously closed at C$9.02.
Canadian Life Companies Split Trading Down 1.0%
The stock has a market cap of C$194.25 million, a PE ratio of 2.44 and a beta of 3.15. The business has a 50-day moving average of C$8.86 and a 200 day moving average of C$8.17. The company has a debt-to-equity ratio of 124.90, a quick ratio of 1.32 and a current ratio of 1.81.
About Canadian Life Companies Split
The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the original issue price and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.
See Also
- Five stocks we like better than Canadian Life Companies Split
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for Canadian Life Companies Split Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Life Companies Split and related companies with MarketBeat.com's FREE daily email newsletter.
