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Canaccord Genuity Group (TSE:CF) Share Price Crosses Above 200 Day Moving Average - Here's What Happened

Canaccord Genuity Group logo with Financial Services background

Canaccord Genuity Group Inc. (TSE:CF - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$9.25 and traded as high as C$9.84. Canaccord Genuity Group shares last traded at C$9.50, with a volume of 38,451 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on CF shares. TD Securities cut shares of Canaccord Genuity Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 6th. Cormark upgraded Canaccord Genuity Group from a "hold" rating to a "moderate buy" rating in a research report on Thursday, April 3rd.

Check Out Our Latest Stock Analysis on CF

Canaccord Genuity Group Trading Down 3.0%

The business's 50 day moving average price is C$8.43 and its 200-day moving average price is C$9.25. The company has a market cap of C$972.86 million, a price-to-earnings ratio of -39.80, a PEG ratio of 0.54 and a beta of 1.61. The company has a debt-to-equity ratio of 117.91, a quick ratio of 1.05 and a current ratio of 1.23.

About Canaccord Genuity Group

(Get Free Report)

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.

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