Guardian Capital Group (TSE:GCG.A) Share Price Passes Below Two Hundred Day Moving Average of $46.07

Guardian Capital Group Limited (TSE:GCG.A)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$46.07 and traded as low as C$42.99. Guardian Capital Group shares last traded at C$43.00, with a volume of 2,500 shares changing hands.

Analysts Set New Price Targets

Separately, Scotiabank upped their target price on shares of Guardian Capital Group from C$55.00 to C$56.00 in a research report on Wednesday, July 24th.

Guardian Capital Group Stock Performance

The stock has a fifty day moving average price of C$43.38 and a two-hundred day moving average price of C$46.09. The company has a market cap of C$960.06 million, a P/E ratio of 11.13, a PEG ratio of -22.04 and a beta of 1.12. The company has a debt-to-equity ratio of 13.52, a current ratio of 0.80 and a quick ratio of 0.64.

Guardian Capital Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 18th. Stockholders of record on Thursday, July 18th were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Thursday, July 11th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.45%. Guardian Capital Group’s dividend payout ratio (DPR) is presently 38.44%.

Guardian Capital Group Company Profile

Guardian Capital Group Limited, together with its subsidiaries, operates as a diversified financial services company in Canada, the United Kingdom, the United States, and the Caribbean. It manages institutional assets for pension plans, insurers, foundations, endowments, third-party mutual funds, and ETFs; and provides private wealth management services to individuals, families, and charitable organizations.