Guardian Capital Group (TSE:GCG) Stock Passes Above 200 Day Moving Average - Time to Sell?

Guardian Capital Group Limited (TSE:GCG - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$42.66 and traded as high as C$43.99. Guardian Capital Group shares last traded at C$43.00, with a volume of 1,000 shares.

Wall Street Analysts Forecast Growth

Separately, CIBC dropped their price objective 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 2.3%

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 business has a fifty day simple moving average of C$42.50 and a two-hundred day simple moving average of C$42.64. The company has a market cap of C$1.07 billion, a PE ratio of 9.86 and a beta of 1.10.

Guardian Capital Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Friday, July 18th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.55%. The ex-dividend date was Friday, July 11th. Guardian Capital Group's payout ratio 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.