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

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

Canadian General Investments Price Performance

Shares of TSE CGI opened at C$50.95 on Tuesday. The stock has a market cap of C$1.06 billion, a P/E ratio of 4.10 and a beta of 1.12. The firm’s 50-day simple moving average is C$52.09 and its 200 day simple moving average is C$50.21. Canadian General Investments has a fifty-two week low of C$39.51 and a fifty-two week high of C$54.29. The company has a quick ratio of 7.44, a current ratio of 9.42 and a debt-to-equity ratio of 11.89.

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.