Guardian Capital Group (TSE:GCG) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Guardian Capital Group Limited (TSE:GCG)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$42.50 and traded as high as C$45.56. Guardian Capital Group shares last traded at C$45.56, with a volume of 136 shares traded.

Guardian Capital Group Price Performance

The firm has a 50-day moving average of C$44.23 and a two-hundred day moving average of C$42.51. The stock has a market capitalization of C$124.83 million, a price-to-earnings ratio of 18.75 and a beta of 1.10. The company has a quick ratio of 0.64, a current ratio of 1.03 and a debt-to-equity ratio of 14.28.

Guardian Capital Group (TSE:GCG) last announced its quarterly earnings data on Thursday, November 7th. The financial services provider reported C$1.58 EPS 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. As a group, sell-side analysts anticipate that Guardian Capital Group Limited will post 2.1803191 earnings per share for the current year.

Guardian Capital Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, January 17th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date was Friday, January 10th. Guardian Capital Group’s dividend payout ratio (DPR) is presently 60.91%.

About Guardian Capital Group

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.