TMX Group Limited (TSE:X - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$50.95 and traded as high as C$56.43. TMX Group shares last traded at C$55.48, with a volume of 320,946 shares changing hands.
Wall Street Analyst Weigh In
X has been the topic of a number of recent analyst reports. Raymond James Financial upgraded TMX Group to a "moderate buy" rating in a research report on Wednesday, May 28th. Barclays lifted their price objective on TMX Group from C$55.00 to C$56.00 in a research report on Wednesday, May 7th. Scotiabank lifted their price objective on TMX Group from C$56.00 to C$58.00 and gave the stock a "sector perform" rating in a research report on Wednesday, May 7th. National Bankshares lifted their price objective on TMX Group from C$50.00 to C$55.00 and gave the stock a "sector perform" rating in a research report on Wednesday, April 30th. Finally, Canaccord Genuity Group lifted their price objective on TMX Group from C$52.00 to C$58.00 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, TMX Group presently has an average rating of "Hold" and an average target price of C$55.13.
Check Out Our Latest Stock Report on X
TMX Group Stock Performance
The company has a market capitalization of C$15.42 billion, a price-to-earnings ratio of 32.00, a PEG ratio of 12.65 and a beta of 0.43. The stock has a fifty day moving average price of C$55.72 and a two-hundred day moving average price of C$51.20. The company has a quick ratio of 0.01, a current ratio of 1.01 and a debt-to-equity ratio of 47.49.
TMX Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, June 6th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend was Friday, May 23rd. TMX Group's dividend payout ratio is currently 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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