Canadian General Investments Reports Strong 2024 Returns

Canadian General Inv ( (TSE:CGI) ) has shared an update.

Canadian General Investments, Limited reported a net asset value per share of $69.32 at the end of 2024, achieving a 26.6% annual return, outperforming the S&P/TSX Composite Index’s 21.6% return. The company’s leveraging strategy reduced its leverage ratio to 13.8% from 15.1% the previous year, while its common shares saw a 19.6% annual return.

More about Canadian General Inv

Canadian General Investments, Limited (CGI) operates in the investment sector, focusing on managing a diversified portfolio with significant weightings in industrials, information technology, and financials, among other industries. The company implements a leveraging strategy to enhance returns for its shareholders.

YTD Price Performance: 2.38%

Average Trading Volume: 3,930

Technical Sentiment Consensus Rating: Sell

For a thorough assessment of CGI stock, go to TipRanks’ Stock Analysis page.