Canaccord Genuity Group Inc. (TSE:CF - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$9.07 and traded as high as C$10.50. Canaccord Genuity Group shares last traded at C$10.16, with a volume of 123,007 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Cormark raised Canaccord Genuity Group from a "hold" rating to a "moderate buy" rating in a research note on Thursday, April 3rd.
Check Out Our Latest Stock Report on Canaccord Genuity Group
Canaccord Genuity Group Stock Performance
The company has a quick ratio of 1.05, a current ratio of 1.23 and a debt-to-equity ratio of 117.91. The company has a 50 day simple moving average of C$9.13 and a 200-day simple moving average of C$9.07. The stock has a market capitalization of C$1.04 billion, a price-to-earnings ratio of -42.57, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61.
Canaccord Genuity Group Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 30th will be given a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend is Friday, June 20th. Canaccord Genuity Group's payout ratio is -142.45%.
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.
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