Guardian Capital Group (TSE:GCG) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Guardian Capital Group Limited (TSE:GCG)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$42.21 and traded as high as C$44.03. Guardian Capital Group shares last traded at C$43.50, with a volume of 850 shares traded.

Guardian Capital Group Stock Performance

The company has a quick ratio of 0.64, a current ratio of 1.03 and a debt-to-equity ratio of 14.28. The stock has a market capitalization of C$119.19 million, a PE ratio of 17.90 and a beta of 1.10. The business’s 50-day moving average is C$41.79 and its two-hundred day moving average is C$42.20.

Guardian Capital Group (TSE:GCG) last posted its earnings results on Thursday, November 7th. The financial services provider reported C$1.58 earnings per share for the quarter. The business had revenue of C$98.13 million during the quarter. Guardian Capital Group had a return on equity of 5.26% and a net margin of 24.73%. On average, analysts anticipate that Guardian Capital Group Limited will post 2.1803191 earnings per share for the current fiscal year.

Guardian Capital Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, January 10th will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 3.40%. The ex-dividend date of this dividend is Friday, January 10th. Guardian Capital Group’s payout ratio is currently 60.91%.

Guardian Capital Group Company Profile

Guardian Capital Group Limited, through its subsidiaries, primarily engages in the provision of investment services to a range of clients in Canada, the United States, the United Kingdom, the Caribbean, and internationally. The company operates through two segments: Investment Management, and Corporate Activities and Investments.