Clive William Robinson Acquires 750 Shares of Canadian General Investments (TSE:CGI) Stock

Canadian General Investments (TSE:CGI) Director Clive William Robinson bought 750 shares of Canadian General Investments stock in a transaction that occurred on Friday, July 17th. The shares were bought at an average cost of C$51.25 per share, with a total value of C$38,437.50. Following the acquisition, the director directly owned 7,500 shares in the company, valued at C$384,375. This trade represents a 11.11% increase in their position.

Canadian General Investments Stock Down 0.7%

Shares of CGI opened at C$50.60 on Wednesday. The firm has a market cap of C$1.06 billion, a P/E ratio of 4.07 and a beta of 1.12. The company has a debt-to-equity ratio of 11.89, a quick ratio of 7.44 and a current ratio of 9.42. Canadian General Investments has a 52 week low of C$39.51 and a 52 week high of C$54.29. The firm’s 50-day simple moving average is C$52.06 and its 200 day simple moving average is C$50.23.

About Canadian General Investments

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.