Guardian Capital Group (TSE:GCG) Hits New 1-Year High – Here’s What Happened

Guardian Capital Group Limited (TSE:GCG) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as C$67.60 and last traded at C$67.30, with a volume of 1800 shares changing hands. The stock had previously closed at C$67.32.

Guardian Capital Group Stock Down 0.0%

The company has a market cap of C$1.65 billion, a price-to-earnings ratio of 9.00 and a beta of 0.77. The stock has a 50-day simple moving average of C$67.13 and a 200-day simple moving average of C$58.84. The company has a current ratio of 0.80, a quick ratio of 0.64 and a debt-to-equity ratio of 14.08.

Guardian Capital Group (TSE:GCG) last issued its quarterly earnings data on Thursday, November 13th. The financial services provider reported C$2.89 earnings per share for the quarter. The business had revenue of C$91.96 million for the quarter. Guardian Capital Group had a net margin of 37.41% and a return on equity of 8.33%. As a group, analysts predict that Guardian Capital Group Limited will post 2.1803191 EPS for the current year.

Guardian Capital Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Friday, October 17th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, October 10th. Guardian Capital Group’s dividend payout ratio is currently 20.32%.

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. The company operates in three main business segments: the Investment Management segment; the Financial Advisory segment; and the Corporate Activities and Investments segment.