Guardian Capital Group (TSE:GCG) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Guardian Capital Group Limited (TSE:GCG) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$42.21 and traded as high as C$44.03. Guardian Capital Group shares last traded at C$43.50, with a volume of 850 shares.

Guardian Capital Group Price Performance

The business has a 50-day simple moving average of C$41.79 and a 200-day simple moving average of C$42.20. The company has a debt-to-equity ratio of 14.28, a quick ratio of 0.64 and a current ratio of 1.03. The company has a market cap of C$119.19 million, a price-to-earnings ratio of 17.90 and a beta of 1.10.

Guardian Capital Group (TSE:GCG) last issued its earnings results on Thursday, November 7th. The financial services provider reported C$1.58 earnings per share for the quarter. Guardian Capital Group had a net margin of 24.73% and a return on equity of 5.26%. The firm had revenue of C$98.13 million for the quarter. On average, equities analysts anticipate that Guardian Capital Group Limited will post 2.1803191 earnings per share for the current fiscal year.

Guardian Capital Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, January 10th will be issued a $0.37 dividend. The ex-dividend date is Friday, January 10th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.40%. Guardian Capital Group’s payout ratio is currently 60.91%.

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.