Canaccord Genuity Group (TSE:CF) Sets New 52-Week Low - Time to Sell?

Canaccord Genuity Group Inc. (TSE:CF - Get Free Report) shares reached a new 52-week low on Monday . The company traded as low as C$7.45 and last traded at C$7.68, with a volume of 5921 shares. The stock had previously closed at C$7.89.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on CF shares. TD Securities lowered Canaccord Genuity Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 6th. Cormark upgraded shares of Canaccord Genuity Group from a "hold" rating to a "moderate buy" rating in a report on Thursday, April 3rd.

Canaccord Genuity Group Trading Up 2.6 %

The firm has a market cap of C$811.06 million, a price-to-earnings ratio of -33.18, a P/E/G ratio of 0.54 and a beta of 1.61. The company has a debt-to-equity ratio of 117.91, a current ratio of 1.23 and a quick ratio of 1.05. The business has a 50-day moving average of C$8.38 and a 200-day moving average of C$9.40.

Canaccord Genuity Group Company Profile

Canaccord Genuity Group Inc, a full-service financial services company, provides investment products, and investment banking and brokerage services to institutional, corporate, and private clients. It operates in two segments, Canaccord Genuity Capital Markets and Canaccord Genuity Wealth Management.