Guardian Capital Group (TSE:GCG.A) Share Price Passes Below Two Hundred Day Moving Average - Here's Why

Guardian Capital Group Limited (TSE:GCG.A - Get Free Report)'s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$41.89 and traded as low as C$40.25. Guardian Capital Group shares last traded at C$41.01, with a volume of 4,504 shares.

Analyst Ratings Changes

Separately, Scotiabank decreased their price target on shares of Guardian Capital Group from C$55.00 to C$54.00 and set an "outperform" rating on the stock in a research note on Thursday.

Guardian Capital Group Price Performance

The company's 50-day moving average is C$41.15 and its 200-day moving average is C$41.88. The company has a debt-to-equity ratio of 14.28, a current ratio of 1.03 and a quick ratio of 0.64. The firm has a market capitalization of C$885.47 million, a price-to-earnings ratio of 16.40, a PEG ratio of -22.04 and a beta of 1.11.

Guardian Capital Group Company Profile

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.