Canoe EIT Income Fund (OTCMKTS:ENDTF) Stock Passes Above Fifty Day Moving Average of $10.07

Canoe EIT Income Fund (OTCMKTS:ENDTF) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$10.07 and traded as high as C$10.31. Canoe EIT Income Fund shares last traded at C$10.29, with a volume of 1,477 shares.

Canoe EIT Income Fund Price Performance

The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 29.91. The company has a 50 day moving average price of C$10.07 and a 200 day moving average price of C$9.94. The company has a market capitalization of C$1.23 billion and a P/E ratio of 2.92.

Canoe EIT Income Fund Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, July 15th. Investors of record on Monday, June 24th will be issued a dividend of $0.0729 per share. The ex-dividend date of this dividend is Friday, June 21st. This represents a yield of 8.61%. Canoe EIT Income Fund’s payout ratio is currently 17.05%.

Canoe EIT Income Fund Company Profile

Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors.