TMX Group Limited (TSE:X - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$49.51 and traded as high as C$55.51. TMX Group shares last traded at C$55.08, with a volume of 338,036 shares changing hands.
Analyst Upgrades and Downgrades
Several analysts have weighed in on X shares. Canaccord Genuity Group boosted their price objective on TMX Group from C$52.00 to C$58.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Scotiabank upped their price target on TMX Group from C$56.00 to C$58.00 and gave the company a "sector perform" rating in a research note on Wednesday, May 7th. BMO Capital Markets upped their price target on TMX Group from C$55.00 to C$57.00 in a research note on Tuesday, April 15th. TD Securities upped their price target on TMX Group from C$49.00 to C$54.00 and gave the company a "hold" rating in a research note on Wednesday, April 30th. Finally, Raymond James raised TMX Group to a "moderate buy" rating in a research note on Wednesday, May 28th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of C$55.13.
View Our Latest Report on X
TMX Group Trading Down 0.3%
The company has a market cap of C$15.57 billion, a P/E ratio of 32.31, a PEG ratio of 12.65 and a beta of 0.43. The company has a current ratio of 1.01, a quick ratio of 0.01 and a debt-to-equity ratio of 47.49. The business has a 50 day moving average price of C$53.78 and a 200-day moving average price of C$49.67.
TMX Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, June 6th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend was Friday, May 23rd. TMX Group's dividend payout ratio (DPR) is presently 42.72%.
About TMX Group
(
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TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community.
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