Guardian Capital Group (TSE:GCG) Shares Pass Above 200-Day Moving Average of $45.02

Guardian Capital Group Limited (TSE:GCG)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$45.02 and traded as high as C$47.52. Guardian Capital Group shares last traded at C$47.52, with a volume of 200 shares traded.

Guardian Capital Group Stock Performance

The company has a current ratio of 0.63, a quick ratio of 0.64 and a debt-to-equity ratio of 12.63. The company has a market capitalization of C$130.20 million, a price-to-earnings ratio of 11.91 and a beta of 1.14. The stock’s fifty day simple moving average is C$49.31 and its 200-day simple moving average is C$45.02.

Guardian Capital Group (TSE:GCG) last posted its quarterly earnings results on Thursday, February 22nd. The financial services provider reported C$2.68 EPS for the quarter. Guardian Capital Group had a net margin of 233.40% and a return on equity of 10.09%. The company had revenue of C$62.25 million during the quarter. Analysts predict that Guardian Capital Group Limited will post 2.7219756 EPS for the current year.

Guardian Capital Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 19th. Shareholders of record on Friday, April 19th will be given a dividend of $0.37 per share. This is a positive change from Guardian Capital Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, April 11th. This represents a $1.48 annualized dividend and a yield of 3.11%. Guardian Capital Group’s payout ratio is 37.09%.

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.