Guardian Capital Group (TSE:GCG) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• Guardian Capital Group's share price has recently surpassed its 200-day moving average of C$42.53, trading as high as C$66.90 before closing at C$66.80.
• The company declared a quarterly dividend of $0.39 on July 18th, resulting in an annualized dividend of $1.56 and a yield of 2.3%.
• Guardian Capital Group has a market cap of C$1.63 billion and operates primarily in Asset Management and Financial Advisory sectors.

Guardian Capital Group Limited (TSE:GCG - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$42.53 and traded as high as C$66.90. Guardian Capital Group shares last traded at C$66.80, with a volume of 12,110 shares.

Guardian Capital Group Price Performance

The company has a current ratio of 0.80, a quick ratio of 0.64 and a debt-to-equity ratio of 14.08. The firm has a market cap of C$1.64 billion, a PE ratio of 10.78 and a beta of 0.75. The company has a 50 day moving average price of C$45.36 and a 200 day moving average price of C$42.99.

Guardian Capital Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Friday, July 18th were issued a dividend of $0.39 per share. The ex-dividend date was Friday, July 11th. This represents a $1.56 annualized dividend and a dividend yield of 2.3%. Guardian Capital Group's dividend payout ratio (DPR) is 24.27%.

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.