Guardian Capital Group (TSE:GCG.A) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Guardian Capital Group Limited (TSE:GCG.A)’s share price crossed 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 traded.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on GCG.A. BMO Capital Markets lifted their price objective on shares of Guardian Capital Group from C$50.00 to C$51.00 in a research report on Thursday, December 19th. Scotiabank decreased their price objective 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 Trading Down 1.1 %

The stock has a market capitalization of C$896.80 million, a PE ratio of 16.61, a PEG ratio of -22.04 and a beta of 1.11. 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 business’s 50-day moving average is C$43.68 and its two-hundred day moving average is C$41.98.

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.