Guardian Capital Group (TSE:GCG.A) Stock Price Passes Below 200-Day Moving Average - Should You Sell?

Guardian Capital Group Limited (TSE:GCG.A - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 changing hands.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. BMO Capital Markets increased their price target on Guardian Capital Group from C$50.00 to C$51.00 in a research report on Thursday, December 19th. Scotiabank decreased their target price on Guardian Capital Group from C$56.00 to C$55.00 in a report on Monday, March 10th.

Guardian Capital Group Stock Down 2.8 %

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 firm has a market cap of C$850.58 million, a P/E ratio of 15.75, a P/E/G ratio of -22.04 and a beta of 1.11. The business has a fifty day moving average of C$42.71 and a 200 day moving average of C$42.00.

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.