Canaccord Genuity Group (TSE:CF) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Canaccord Genuity Group Inc. (TSE:CFGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$10.86 and traded as high as C$11.42. Canaccord Genuity Group shares last traded at C$11.34, with a volume of 68,597 shares trading hands.

Canaccord Genuity Group Price Performance

The company has a market capitalization of C$1.14 billion, a PE ratio of -4.31, a P/E/G ratio of 0.54 and a beta of 1.67. The company has a debt-to-equity ratio of 117.91, a quick ratio of 1.05 and a current ratio of 1.23. The stock has a 50 day moving average price of C$11.39 and a two-hundred day moving average price of C$10.87.

Canaccord Genuity Group (TSE:CFGet Free Report) last released its quarterly earnings data on Thursday, November 13th. The financial services provider reported C$0.27 EPS for the quarter. The firm had revenue of C$530.42 million for the quarter. Canaccord Genuity Group had a negative return on equity of 2.33% and a negative net margin of 1.33%. Equities analysts forecast that Canaccord Genuity Group Inc. will post 0.8618357 earnings per share for the current year.

Canaccord Genuity Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, December 10th were issued a dividend of $0.085 per share. The ex-dividend date was Friday, November 28th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.0%. Canaccord Genuity Group’s dividend payout ratio (DPR) is currently -12.78%.

Canaccord Genuity Group Company Profile

(Get Free Report)

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. The Canaccord Genuity Capital Markets segment offers investment banking, advisory, research, merger and acquisition, sales, and trading services. The Canaccord Genuity Wealth Management segment provides wealth management solutions, and brokerage and financial planning services to individual investors, private clients, charities, and intermediaries.

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