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

Canaccord Genuity Group Inc. (TSE:CF)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$11.08 and traded as high as C$12.29. Canaccord Genuity Group shares last traded at C$12.05, with a volume of 209,411 shares traded.

Canaccord Genuity Group Price Performance

The company has a current ratio of 1.23, a quick ratio of 1.05 and a debt-to-equity ratio of 117.91. The stock has a 50-day moving average price of C$11.66 and a 200 day moving average price of C$11.08. The stock has a market capitalization of C$1.20 billion, a price-to-earnings ratio of -4.53, a PEG ratio of 0.54 and a beta of 1.25.

Canaccord Genuity Group (TSE:CF) last released its quarterly earnings results on Friday, February 13th. The financial services provider reported C$0.18 earnings per share for the quarter. Canaccord Genuity Group had a negative return on equity of 2.33% and a negative net margin of 1.33%.The company had revenue of C$637.86 million during the quarter. As a group, equities research analysts expect that Canaccord Genuity Group Inc. will post 0.8618357 earnings per share for the current year.

Canaccord Genuity Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, December 10th were given 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 2.8%. Canaccord Genuity Group’s dividend payout ratio (DPR) is -12.78%.

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. 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.