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

Key Points

• Guardian Capital Group Ltd stock surpassed its 200-day moving average during trading, hitting a high of C$67.00 before settling at C$66.85.
• The company recently announced a quarterly dividend of $0.39 per share, reflecting an annualized yield of 2.3% and a payout ratio of 24.27%.
• Guardian has a market capitalization of C$1.64 billion and a beta of 1.09, indicating moderate volatility in stock performance.

Guardian Capital Group Limited (TSE:GCG - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$44.71 and traded as high as C$67.00. Guardian Capital Group shares last traded at C$66.85, with a volume of 1,211 shares changing hands.

Guardian Capital Group Stock Up 0.0%

The firm has a market cap of C$1.64 billion, a P/E ratio of 10.82 and a beta of 1.09. 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's fifty day moving average price is C$51.57 and its two-hundred day moving average price is C$45.06.

Guardian Capital Group Dividend Announcement

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

About Guardian Capital Group

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.