Canadian Life Companies Split (TSE:LFE) Sets New 52-Week High at $5.15

Canadian Life Companies Split Corp. (TSE:LFE)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as C$5.15 and last traded at C$5.14, with a volume of 80262 shares. The stock had previously closed at C$5.05.

Canadian Life Companies Split Stock Performance

The company has a market capitalization of C$52.94 million, a PE ratio of 3.92 and a beta of 2.92. The firm has a 50-day moving average of C$4.55 and a two-hundred day moving average of C$4.60. The company has a quick ratio of 1.33, a current ratio of 1.47 and a debt-to-equity ratio of 210.26.

About Canadian Life Companies Split

Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the life insurance sector. It primarily invests in stocks of four publicly traded life insurance companies namely Great-West Lifeco Inc, Industrial Alliance Insurance and Financial Services Inc, Manulife Financial Corporation, and Sun Life Financial Inc The fund employs fundamental analysis with a focus on such factors as a firm's earning history, relative price-earnings multiple, cash flow, dividend yield, market position, and growth prospects to create its portfolio.