Guardian Capital Group (TSE:GCG) Stock Passes Above 200-Day Moving Average – Time to Sell?

Guardian Capital Group Limited (TSE:GCG)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$56.34 and traded as high as C$67.30. Guardian Capital Group shares last traded at C$67.25, with a volume of 1,002 shares changing hands.

Guardian Capital Group Price Performance

The firm has a 50-day moving average of C$67.01 and a 200 day moving average of C$56.34. The company has a market capitalization of C$1.65 billion, a PE ratio of 8.99 and a beta of 0.70. The company has a debt-to-equity ratio of 14.08, a current ratio of 0.80 and a quick ratio of 0.64.

Guardian Capital Group (TSE:GCG) last issued its earnings results on Thursday, November 13th. The financial services provider reported C$2.89 earnings per share (EPS) for the quarter. The company had revenue of C$91.96 million for the quarter. Guardian Capital Group had a net margin of 37.41% and a return on equity of 8.33%. As a group, research analysts anticipate that Guardian Capital Group Limited will post 2.1803191 earnings per share for the current fiscal year.

Guardian Capital Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Friday, October 17th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Friday, October 10th. Guardian Capital Group’s dividend payout ratio (DPR) is presently 20.32%.

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.