Guardian Capital Group (TSE:GCG.A) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Guardian Capital Group Limited (TSE:GCG.A) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$42.02 and traded as low as C$40.48. Guardian Capital Group shares last traded at C$41.57, with a volume of 1,264 shares traded.

Analyst Upgrades and Downgrades

GCG.A has been the topic of several recent analyst reports. BMO Capital Markets upped their price target on Guardian Capital Group from C$50.00 to C$51.00 in a research note on Thursday, December 19th. Scotiabank decreased their target price on shares of Guardian Capital Group from C$56.00 to C$55.00 in a research report on Monday, March 10th.

Guardian Capital Group Price Performance

The stock has a market cap of C$875.25 million, a PE ratio of 16.21, a PEG ratio of -22.04 and a beta of 1.11. 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 50-day moving average is C$42.83 and its two-hundred day moving average is C$41.99.

Guardian Capital Group Company Profile

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.