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Canaccord Genuity Group (TSE:CF) Shares Cross Above Two Hundred Day Moving Average - What's Next?

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 changing hands.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CF. Cormark upgraded Canaccord Genuity Group from a "hold" rating to a "moderate buy" rating in a research report on Thursday, April 3rd. TD Securities downgraded shares of Canaccord Genuity Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 6th.

Read Our Latest Analysis on Canaccord Genuity Group

Canaccord Genuity Group Stock Performance

The firm's 50 day simple moving average is C$8.52 and its 200-day simple moving average is C$9.24. The company has a debt-to-equity ratio of 117.91, a quick ratio of 1.05 and a current ratio of 1.23. The company has a market capitalization of C$967.74 million, a price-to-earnings ratio of -39.59, a P/E/G ratio of 0.54 and a beta of 1.61.

Canaccord Genuity Group Company Profile

(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.

See Also

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