Premium Income Corporation (TSE:PIC.A – Get Free Report) was down 0.2% on Tuesday . The company traded as low as C$4.43 and last traded at C$4.44. Approximately 63,791 shares were traded during trading, an increase of 85% from the average daily volume of 34,435 shares. The stock had previously closed at C$4.45.
Premium Income Trading Down 0.2 %
The company has a market capitalization of C$86.05 million, a PE ratio of 0.00 and a beta of 1.16. The company has a current ratio of 1.18, a quick ratio of 1.45 and a debt-to-equity ratio of 562.70. The stock has a fifty day moving average of C$3.80 and a two-hundred day moving average of C$4.05.
Premium Income Company Profile
Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank.
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