Guardian Capital Group (TSE:GCG) Sets New 1-Year High - Still a Buy?

Key Points

• Guardian Capital Group Limited shares reached a new 52-week high at C$67.52, closing at C$66.90 with a trading volume of 316 shares.
• The company declared a quarterly dividend of $0.39, with a dividend yield of 2.3%, set to be paid on October 17th.
• Guardian Capital has a market capitalization of C$1.64 billion and maintains a P/E ratio of 10.83, indicating its financial health and valuation metrics.

Shares of Guardian Capital Group Limited (TSE:GCG - ) reached a new 52-week high on Thursday . The stock traded as high as C$67.52 and last traded at C$66.90, with a volume of 316 shares trading hands. The stock had previously closed at C$66.95.

Guardian Capital Group Price Performance

The company has a debt-to-equity ratio of 14.08, a current ratio of 0.80 and a quick ratio of 0.64. The firm has a fifty day moving average of C$58.12 and a two-hundred day moving average of C$47.53. The stock has a market capitalization of C$1.64 billion, a P/E ratio of 10.83 and a beta of 1.02.

Guardian Capital Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Friday, October 17th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, October 10th. Guardian Capital Group's payout ratio is presently 24.27%.

About Guardian Capital Group

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.