Guardian Capital Group (TSE:GCG) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Guardian Capital Group Limited (TSE:GCG) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$60.82 and traded as high as C$67.25. Guardian Capital Group shares last traded at C$67.25, with a volume of 109 shares changing hands.

Guardian Capital Group Price Performance

The company has a debt-to-equity ratio of 14.08, a quick ratio of 0.64 and a current ratio of 0.80. The business has a 50 day moving average price of C$67.19 and a 200-day moving average price of C$60.82. The company has a market capitalization of C$1.65 billion, a price-to-earnings ratio of 8.99 and a beta of 0.77.

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

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. The company operates in three main business segments: the Investment Management segment; the Financial Advisory segment; and the Corporate Activities and Investments segment.