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Canaccord Genuity Group (TSE:CF) Shares Pass Above Two Hundred Day Moving Average - Here's Why

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 Monday . The stock has a 200-day moving average of C$9.22 and traded as high as C$9.53. Canaccord Genuity Group shares last traded at C$9.48, with a volume of 57,735 shares.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. TD Securities lowered 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 note on Thursday, April 3rd.

Read Our Latest Research Report on Canaccord Genuity Group

Canaccord Genuity Group Stock Up 0.9%

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 cap of C$958.52 million, a PE ratio of -39.22, a PEG ratio of 0.54 and a beta of 1.61. The firm has a fifty day simple moving average of C$8.62 and a 200 day simple moving average of C$9.20.

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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