Guardian Capital Group (TSE:GCG.A) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Guardian Capital Group Limited (TSE:GCG.A) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$41.87 and traded as low as C$38.00. Guardian Capital Group shares last traded at C$38.44, with a volume of 3,326 shares.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Scotiabank reduced their target price on shares of Guardian Capital Group from C$56.00 to C$55.00 in a report on Monday, March 10th. BMO Capital Markets boosted their price objective on Guardian Capital Group from C$50.00 to C$51.00 in a research note on Thursday, December 19th.

Guardian Capital Group Stock Up 0.1 %

The stock has a market capitalization of C$854.14 million, a P/E ratio of 15.82, a P/E/G ratio of -22.04 and a beta of 1.11. 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 stock’s 50 day simple moving average is C$41.89 and its 200 day simple moving average is C$41.87.

Guardian Capital Group Company Profile

Guardian Capital Group Ltd is a diversified financial services company. It operates in two main business areas, Asset Management and Financial Advisory. Guardian offers institutional and private wealth investment management services; financial services to international investors; services to financial advisors in its national mutual fund dealer, securities dealer, and insurance distribution network; and maintains and manages a proprietary investment portfolio.