Guardian Capital Group (TSE:GCG.A) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Guardian Capital Group Limited (TSE:GCG.A)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$41.73 and traded as low as C$41.10. Guardian Capital Group shares last traded at C$42.78, with a volume of 3,463 shares trading hands.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets upped their price target on shares of Guardian Capital Group from C$50.00 to C$51.00 in a report on Thursday, December 19th.

Guardian Capital Group Trading Up 5.0 %

The business has a 50 day simple moving average of C$41.05 and a 200 day simple moving average of C$41.73. The company has a market cap of C$950.57 million, a price-to-earnings ratio of 17.60, a price-to-earnings-growth ratio of -22.04 and a beta of 1.11. The company has a debt-to-equity ratio of 14.28, a current ratio of 1.03 and a quick ratio of 0.64.

About Guardian Capital Group

Guardian Capital Group Limited, through its subsidiaries, primarily engages in the provision of investment services to a range of clients in Canada, the United States, the United Kingdom, the Caribbean, and internationally. The company operates through two segments: Investment Management, and Corporate Activities and Investments.