Guardian Capital Group (TSE:GCG) Trading 45.5% Higher – What’s Next?

Shares of Guardian Capital Group Limited (TSE:GCG) traded up 45.5% on Friday . The stock traded as high as C$66.90 and last traded at C$66.80. 12,110 shares traded hands during trading, an increase of 1,088% from the average session volume of 1,019 shares. The stock had previously closed at C$45.90.

Guardian Capital Group Trading Up 0.7%

The company has a debt-to-equity ratio of 14.08, a current ratio of 0.80 and a quick ratio of 0.64. The company has a market cap of C$1.65 billion, a PE ratio of 10.88 and a beta of 0.75. The company’s 50 day simple moving average is C$44.35 and its two-hundred day simple moving average is C$42.67.

Guardian Capital Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Friday, July 18th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Friday, July 11th. Guardian Capital Group’s dividend payout ratio (DPR) is 24.27%.

About Guardian Capital Group

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.