Canaccord Genuity Group (TSE:CF) Sets New 12-Month High - Should You Buy?

Canaccord Genuity Group Inc. (TSE:CF - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The company traded as high as C$11.45 and last traded at C$11.31, with a volume of 41205 shares changing hands. The stock had previously closed at C$11.37.

Analyst Ratings Changes

Separately, Cormark raised Canaccord Genuity Group from a "hold" rating to a "moderate buy" rating in a report on Thursday, April 3rd.

Canaccord Genuity Group Stock Performance

The company has a debt-to-equity ratio of 117.91, a current ratio of 1.23 and a quick ratio of 1.05. The firm has a fifty day moving average price of C$10.09 and a two-hundred day moving average price of C$9.15. The stock has a market capitalization of C$1.12 billion, a PE ratio of -45.67, a P/E/G ratio of 0.54 and a beta of 1.61.

Canaccord Genuity Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were issued a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, June 20th. This represents a $0.34 annualized dividend and a yield of 3.12%. Canaccord Genuity Group's payout ratio is currently -142.45%.

About Canaccord Genuity Group

Canaccord Genuity Group Inc, a full-service financial services company, provides investment products, and investment banking and brokerage services to institutional, corporate, and private clients. It operates in two segments, Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management.