Guardian Capital Group (TSE:GCG.A) Shares Down 2% – Time to Sell?

Guardian Capital Group Limited (TSE:GCG.A)’s stock price was down 2% during mid-day trading on Thursday . The stock traded as low as C$42.16 and last traded at C$42.16. Approximately 3,300 shares were traded during trading, a decline of 34% from the average daily volume of 4,996 shares. The stock had previously closed at C$43.00.

Analysts Set New Price Targets

GCG.A has been the topic of a number of research analyst reports. BMO Capital Markets decreased their price target on shares of Guardian Capital Group from C$56.00 to C$50.00 and set an “outperform” rating on the stock in a report on Monday, August 12th. Scotiabank dropped their price target on Guardian Capital Group from C$56.00 to C$55.00 and set an “outperform” rating for the company in a research note on Monday, August 12th.

Guardian Capital Group Trading Down 2.0 %

The company has a market cap of C$936.80 million, a PE ratio of 17.35, a PEG ratio of -22.04 and a beta of 1.11. The stock has a 50 day moving average price of C$40.68 and a 200 day moving average price of C$42.01. The company has a current ratio of 1.03, a quick ratio of 0.64 and a debt-to-equity ratio of 14.28.

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.