Guardian Capital Group (TSE:GCG) Shares Pass Above 200 Day Moving Average – Should You Sell?

Guardian Capital Group Limited (TSE:GCG)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$50.86 and traded as high as C$66.88. Guardian Capital Group shares last traded at C$66.88, with a volume of 465 shares changing hands.

Guardian Capital Group Stock Down 0.0%

The stock has a 50 day moving average of C$66.00 and a 200-day moving average of C$50.86. The firm has a market capitalization of C$1.64 billion, a P/E ratio of 10.82 and a beta of 1.02. The company has a debt-to-equity ratio of 14.08, a quick ratio of 0.64 and a current ratio of 0.80.

Guardian Capital Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Friday, October 17th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Friday, October 10th. Guardian Capital Group’s payout ratio is currently 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.