Guardian Capital Group (TSE:GCG) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Guardian Capital Group Limited (TSE:GCG)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$61.85 and traded as high as C$67.33. Guardian Capital Group shares last traded at C$67.33, with a volume of 1,014 shares traded.

Guardian Capital Group Price Performance

The stock has a market cap of C$1.65 billion, a P/E ratio of 9.00 and a beta of 0.77. The company’s 50 day moving average price is C$67.23 and its 200-day moving average price is C$61.85. The company has a quick ratio of 0.64, a current ratio of 0.80 and a debt-to-equity ratio of 14.08.

Guardian Capital Group (TSE:GCG) last posted its quarterly earnings data on Thursday, November 13th. The financial services provider reported C$2.89 earnings per share for the quarter. The business had revenue of C$91.96 million during the quarter. Guardian Capital Group had a return on equity of 8.33% and a net margin of 37.41%. As a group, sell-side analysts expect that Guardian Capital Group Limited will post 2.1803191 earnings per share for the current 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.