Guardian Capital Group (TSE:GCG.A) Sets New 12-Month Low – What’s Next?

Guardian Capital Group Limited (TSE:GCG.A)’s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$38.70 and last traded at C$38.70, with a volume of 3532 shares. The stock had previously closed at C$39.88.

Analysts Set New Price Targets

GCG.A has been the topic of several recent research reports. BMO Capital Markets raised their price objective on Guardian Capital Group from C$50.00 to C$51.00 in a report on Thursday, December 19th. Scotiabank reduced their price target on Guardian Capital Group from C$56.00 to C$55.00 in a report on Monday, March 10th.

Guardian Capital Group Trading Down 5.5 %

The company has a market cap of C$837.25 million, a P/E ratio of 15.51, a PEG ratio of -22.04 and a beta of 1.11. The firm’s 50 day moving average is C$42.94 and its two-hundred day moving average is C$42.00. The company has a quick ratio of 0.64, a current ratio of 1.03 and a debt-to-equity ratio of 14.28.

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.