Guardian Capital Group (TSE:GCG.A) Sets New 1-Year Low – Here’s What Happened

Guardian Capital Group Limited (TSE:GCG.A) reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$38.70 and last traded at C$38.70, with a volume of 3532 shares changing hands. The stock had previously closed at C$39.88.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on GCG.A shares. Scotiabank lowered their price target on shares of Guardian Capital Group from C$56.00 to C$55.00 in a report on Monday, March 10th. BMO Capital Markets upped their target price on Guardian Capital Group from C$50.00 to C$51.00 in a research note on Thursday, December 19th.

Guardian Capital Group Stock Performance

The firm’s fifty day moving average price is C$42.83 and its two-hundred day moving average price is C$42.00. The stock has a market capitalization of C$875.25 million, a PE ratio of 16.21, a price-to-earnings-growth ratio of -22.04 and a beta of 1.11. The company has a current ratio of 1.03, a quick ratio of 0.64 and a debt-to-equity ratio of 14.28.

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.