Guardian Capital Group (TSE:GCG) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Guardian Capital Group Limited (TSE:GCG - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$42.57 and traded as high as C$43.08. Guardian Capital Group shares last traded at C$43.08, with a volume of 300 shares trading hands.

Analyst Ratings Changes

Separately, CIBC reduced their target price on shares of Guardian Capital Group from C$47.00 to C$45.00 and set a "neutral" rating for the company in a report on Monday, April 28th.

Guardian Capital Group Stock Down 0.1%

The firm has a market capitalization of C$1.03 billion, a PE ratio of 9.48 and a beta of 1.10. The business's fifty day moving average price is C$40.96 and its 200 day moving average price is C$42.61. The company has a quick ratio of 0.64, a current ratio of 0.80 and a debt-to-equity ratio of 14.08.

Guardian Capital Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Thursday, April 17th were given a $0.39 dividend. The ex-dividend date was Friday, April 11th. This represents a $1.56 dividend on an annualized basis and a yield of 3.69%. This is an increase from Guardian Capital Group's previous quarterly dividend of $0.37. Guardian Capital Group's dividend payout ratio (DPR) is presently 33.15%.

About Guardian Capital Group

Guardian Capital Group Limited, through its subsidiaries, primarily engages in the provision of investment services to a range of clients in Canada, the United States, the United Kingdom, the Caribbean, and internationally. The company operates through two segments: Investment Management, and Corporate Activities and Investments.