Canaccord Genuity Group (TSE:CF) Stock Passes Above 200-Day Moving Average of $8.17

Shares of Canaccord Genuity Group Inc. (TSE:CF - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$8.17 and traded as high as C$8.32. Canaccord Genuity Group shares last traded at C$8.05, with a volume of 160,069 shares traded.

Analysts Set New Price Targets

CF has been the subject of a number of research reports. Cormark boosted their price target on shares of Canaccord Genuity Group from C$10.25 to C$11.50 in a research note on Friday, June 7th. TD Securities upped their target price on shares of Canaccord Genuity Group from C$10.00 to C$11.00 and gave the stock a "buy" rating in a research report on Friday, June 7th.

Canaccord Genuity Group Stock Up 0.1 %

The company has a market cap of C$823.65 million, a P/E ratio of -26.87, a P/E/G ratio of 0.54 and a beta of 1.65. The stock has a 50-day moving average of C$8.77 and a two-hundred day moving average of C$8.17. The company has a debt-to-equity ratio of 41.38, a quick ratio of 1.05 and a current ratio of 1.24.

Canaccord Genuity Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 21st will be paid a $0.085 dividend. The ex-dividend date is Friday, June 21st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 4.22%. Canaccord Genuity Group's dividend payout ratio (DPR) is -113.33%.

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.