Guardian Capital Group (TSE:GCG.A) Share Price Crosses Above Fifty Day Moving Average of $29.53

Guardian Capital Group Ltd. (TSE:GCG.AGet Rating)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$29.53 and traded as high as C$30.23. Guardian Capital Group shares last traded at C$29.50, with a volume of 2,707 shares trading hands.

Analyst Ratings Changes

Several research analysts have recently issued reports on GCG.A shares. BMO Capital Markets reduced their price objective on Guardian Capital Group from C$44.00 to C$40.00 in a research note on Monday, July 25th. Scotiabank reduced their price target on Guardian Capital Group from C$45.00 to C$43.00 in a research report on Tuesday, July 26th.

Guardian Capital Group Trading Down 0.0 %

The company has a 50-day moving average price of C$29.53 and a 200-day moving average price of C$33.19. The firm has a market capitalization of C$777.09 million and a price-to-earnings ratio of 5.67. The company has a debt-to-equity ratio of 19.12, a quick ratio of 0.64 and a current ratio of 0.81.

Guardian Capital Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 18th. Shareholders of record on Monday, July 18th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, July 8th. This is an increase from Guardian Capital Group’s previous quarterly dividend of $0.18. This represents a $0.96 annualized dividend and a yield of 3.25%. Guardian Capital Group’s dividend payout ratio is currently 6.92%.

Guardian Capital Group Company Profile

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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.

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