Guardian Capital Group (TSE:GCG) Stock Price Crosses Above 200 Day Moving Average - What's Next?

Guardian Capital Group Limited (TSE:GCG - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$42.66 and traded as high as C$44.01. Guardian Capital Group shares last traded at C$44.00, with a volume of 996 shares traded.

Analyst Ratings Changes

Separately, CIBC lowered 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 Up 5.4%

The company has a market cap of C$1.07 billion, a price-to-earnings ratio of 9.86 and a beta of 1.10. 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's fifty day moving average price is C$42.11 and its 200-day moving average price is C$42.65.

Guardian Capital Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Friday, July 18th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.55%. The ex-dividend date is Friday, July 11th. Guardian Capital Group's dividend payout ratio (DPR) is 33.15%.

Guardian Capital Group Company Profile

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.