TMX Group Limited (TSE:X - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as C$51.55 and last traded at C$51.45, with a volume of 201414 shares. The stock had previously closed at C$50.83.
Analyst Upgrades and Downgrades
X has been the subject of several research analyst reports. Barclays boosted their target price on shares of TMX Group from C$45.00 to C$47.00 in a research report on Monday, December 9th. TD Securities boosted their price objective on shares of TMX Group from C$44.00 to C$45.00 and gave the company a "hold" rating in a research report on Thursday, January 30th. Finally, BMO Capital Markets boosted their price objective on shares of TMX Group from C$50.00 to C$62.00 in a research report on Thursday, December 5th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of C$47.19.
View Our Latest Stock Report on X
TMX Group Trading Up 0.2 %
The company has a current ratio of 1.01, a quick ratio of 0.01 and a debt-to-equity ratio of 47.49. The business's 50-day moving average is C$47.28 and its two-hundred day moving average is C$44.80. The firm has a market cap of C$14.35 billion, a P/E ratio of 29.79, a P/E/G ratio of 12.65 and a beta of 0.43.
TMX Group Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, March 7th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.55%. This is a positive change from TMX Group's previous quarterly dividend of $0.19. The ex-dividend date was Friday, February 21st. TMX Group's payout ratio is presently 42.72%.
Insider Buying and Selling at TMX Group
In other news, Senior Officer Jayakumar Rajarathinam sold 40,000 shares of the company's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of C$49.49, for a total value of C$1,979,776.00. 1.15% of the stock is currently owned by company insiders.
About TMX Group
(
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TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community.
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