Guardian Capital Group (TSE:GCG.A) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Guardian Capital Group Limited (TSE:GCG.A) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 changing hands.

Analyst Upgrades and Downgrades

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

Guardian Capital Group Trading Down 1.3 %

The company has a quick ratio of 0.64, a current ratio of 1.03 and a debt-to-equity ratio of 14.28. The company has a market cap of C$937.91 million, a price-to-earnings ratio of 17.37, a P/E/G ratio of -22.04 and a beta of 1.11. The business has a fifty day simple moving average of C$41.15 and a 200 day simple moving average of C$41.72.

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.