Guardian Capital Group (TSE:GCG) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Guardian Capital Group Limited (TSE:GCG)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$42.18 and traded as high as C$44.75. Guardian Capital Group shares last traded at C$44.00, with a volume of 600 shares changing hands.

Guardian Capital Group Price Performance

The company has a current ratio of 1.03, a quick ratio of 0.64 and a debt-to-equity ratio of 14.28. The stock’s fifty day moving average price is C$42.14 and its two-hundred day moving average price is C$42.15. The firm has a market capitalization of C$120.56 million, a price-to-earnings ratio of 18.11 and a beta of 1.10.

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

Guardian Capital Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, January 10th will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.48 dividend on an annualized basis and a yield of 3.36%. 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.