Guardian Capital Group (TSE:GCG) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Guardian Capital Group Limited (TSE:GCG)’s share price crossed 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 company has a current ratio of 1.03, a quick ratio of 0.64 and a debt-to-equity ratio of 14.28. The business has a 50-day moving average of C$44.15 and a 200 day moving average of C$42.50. The firm has a market capitalization of C$124.83 million, a PE ratio of 18.75 and a beta of 1.10.

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

Guardian Capital Group Dividend Announcement

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