Guardian Capital Group (TSE:GCG) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Guardian Capital Group Limited (TSE:GCG)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$42.56 and traded as high as C$44.65. Guardian Capital Group shares last traded at C$44.23, with a volume of 200 shares changing hands.

Guardian Capital Group Stock Performance

The company has a market capitalization of C$121.19 million, a price-to-earnings ratio of 18.20 and a beta of 1.10. The company has a debt-to-equity ratio of 14.28, a quick ratio of 0.64 and a current ratio of 1.03. The stock’s 50-day moving average price is C$44.48 and its 200-day moving average price is C$42.56.

Guardian Capital Group (TSE:GCG) last posted its earnings results on Thursday, November 7th. The financial services provider reported C$1.58 earnings per share 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. As a group, equities research analysts expect 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 disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Friday, January 17th were paid a $0.37 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.48 dividend on an annualized basis and a yield of 3.35%. Guardian Capital Group’s payout ratio is 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.