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

Guardian Capital Group Limited (TSE:GCG)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$42.18 and traded as high as C$44.75. Guardian Capital Group shares last traded at C$44.00, with a volume of 600 shares changing hands.

Guardian Capital Group Stock Performance

The company has a debt-to-equity ratio of 14.28, a current ratio of 1.03 and a quick ratio of 0.64. The stock has a 50-day moving average price of C$42.06 and a 200-day moving average price of C$42.18. The firm has a market capitalization of C$120.56 million, a PE ratio of 18.11 and a beta of 1.10.

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

Guardian Capital Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, January 10th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.48 dividend on an annualized basis and a yield of 3.36%. Guardian Capital Group’s dividend payout ratio (DPR) is 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.