Canaccord Genuity Group (TSE:CF) Reaches New 1-Year High – Here’s What Happened

Canaccord Genuity Group Inc. (TSE:CF) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$12.70 and last traded at C$12.43, with a volume of 37507 shares changing hands. The stock had previously closed at C$12.05.

Canaccord Genuity Group Trading Up 8.5%

The firm has a 50 day moving average price of C$11.66 and a two-hundred day moving average price of C$11.08. The firm has a market capitalization of C$1.30 billion, a P/E ratio of -4.91, a price-to-earnings-growth ratio of 0.54 and a beta of 1.25. The company has a debt-to-equity ratio of 117.91, a quick ratio of 1.05 and a current ratio of 1.23.

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

Canaccord Genuity Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, December 10th were given a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Friday, November 28th. Canaccord Genuity Group’s payout ratio is presently -12.78%.

About Canaccord Genuity Group

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.