Guardian Capital Group (TSE:GCG.A) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Guardian Capital Group Limited (TSE:GCG.A)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$41.99 and traded as low as C$39.48. Guardian Capital Group shares last traded at C$40.71, with a volume of 13,898 shares.

Analyst Ratings Changes

Several brokerages have commented on GCG.A. Scotiabank cut their price target on shares of Guardian Capital Group from C$56.00 to C$55.00 in a research report on Monday, March 10th. BMO Capital Markets boosted their price target on shares of Guardian Capital Group from C$50.00 to C$51.00 in a research report on Thursday, December 19th.

Guardian Capital Group Stock Performance

The company has a debt-to-equity ratio of 14.28, a quick ratio of 0.64 and a current ratio of 1.03. The stock’s fifty day moving average price is C$43.76 and its 200-day moving average price is C$41.99. The company has a market capitalization of C$904.58 million, a P/E ratio of 16.75, a PEG ratio of -22.04 and a beta of 1.11.

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.