Canaccord Genuity Group (TSE:CF) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Canaccord Genuity Group Inc. (TSE:CF) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.22 and traded as high as C$9.53. Canaccord Genuity Group shares last traded at C$9.48, with a volume of 57,735 shares trading hands.

Analyst Ratings Changes

CF has been the subject of a number of research reports. Cormark upgraded shares of Canaccord Genuity Group from a “hold” rating to a “moderate buy” rating in a research note on Thursday, April 3rd. TD Securities cut shares of Canaccord Genuity Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 6th.

Canaccord Genuity Group Price Performance

The company has a current ratio of 1.23, a quick ratio of 1.05 and a debt-to-equity ratio of 117.91. The business’s 50 day moving average price is C$8.56 and its two-hundred day moving average price is C$9.22. The stock has a market cap of C$970.81 million, a P/E ratio of -39.72, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61.

About Canaccord Genuity Group

Canaccord Genuity Group Inc, a full-service financial services company, provides investment products, and investment banking and brokerage services to institutional, corporate, and private clients. It operates in two segments, Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management.