Canaccord Genuity Group (TSE:CF) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Canaccord Genuity Group Inc. (TSE:CF) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$10.64 and traded as high as C$11.55. Canaccord Genuity Group shares last traded at C$11.53, with a volume of 91,940 shares traded.

Canaccord Genuity Group Price Performance

The company has a market capitalization of C$1.15 billion, a PE ratio of -4.32, a price-to-earnings-growth ratio of 0.54 and a beta of 1.40. The company has a quick ratio of 1.05, a current ratio of 1.23 and a debt-to-equity ratio of 117.91. The firm’s 50-day moving average is C$11.31 and its 200-day moving average is C$10.66.

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

Canaccord Genuity Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Wednesday, December 10th were paid a $0.085 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $0.34 annualized dividend and a yield of 3.0%. Canaccord Genuity Group’s dividend payout ratio is currently -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.