Guardian Capital Group (TSE:GCG) Share Price Passes Above 200-Day Moving Average - Should You Sell?

Guardian Capital Group Limited (TSE:GCG - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 changing hands.

Wall Street Analyst Weigh In

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

Guardian Capital Group Stock Up 5.4%

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 company has a market capitalization of C$1.07 billion, a price-to-earnings ratio of 9.86 and a beta of 1.10. The firm's 50-day simple moving average is C$42.01 and its two-hundred day simple moving average is C$42.66.

Guardian Capital Group Announces Dividend

The business 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. The ex-dividend date of this dividend is Friday, July 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.55%. Guardian Capital Group's dividend payout ratio (DPR) is 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.