Guardian Capital Group (TSE:GCG) Reaches New 52-Week High - Time to Buy?

Key Points

• New 52-week high: Guardian Capital Group (TSE:GCG) reached a 52-week high of C$67.95 (last C$67.94) on Tuesday with 1,413 shares traded, sitting above its 50- and 200-day moving averages (~C$67.35 and C$67.13).
• Valuation and balance-sheet snapshot: The company has a market cap of C$1.67 billion, a P/E of 9.08 and a low beta (0.63), while liquidity ratios are below 1 (current 0.79, quick 0.64) and reported debt-to-equity is 12.66.
• Business profile: Guardian is a diversified financial services firm operating in Asset Management, Financial Advisory and Corporate Activities, serving institutional and private wealth clients as well as financial advisors.

Guardian Capital Group Limited (TSE:GCG - )'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$67.95 and last traded at C$67.94, with a volume of 1413 shares. The stock had previously closed at C$67.50.

Guardian Capital Group Stock Performance

The company has a market capitalization of C$1.67 billion, a price-to-earnings ratio of 9.08 and a beta of 0.63. The stock's 50 day moving average price is C$67.35 and its 200 day moving average price is C$67.13. The company has a current ratio of 0.79, a quick ratio of 0.64 and a debt-to-equity ratio of 12.66.

Guardian Capital Group Company Profile

Guardian Capital Group Ltd is a diversified financial services company. It operates in two main business areas, Asset Management and Financial Advisory. Guardian offers institutional and private wealth investment management services; financial services to international investors; services to financial advisors in its national mutual fund dealer, securities dealer, and insurance distribution network; and maintains and manages a proprietary investment portfolio. The company operates in three main business segments: the Investment Management segment; the Financial Advisory segment; and the Corporate Activities and Investments segment.

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