Canaccord Genuity Group Inc. (OTCMKTS:CCORF – Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $9.40 and traded as high as $10.26. Canaccord Genuity Group shares last traded at $10.26, with a volume of 76,909 shares trading hands.
Canaccord Genuity Group Stock Performance
The firm’s 50-day moving average price is $9.40 and its 200 day moving average price is $8.94.
About Canaccord Genuity Group
Canaccord Genuity Group (OTCMKTS: CCORF) is a global, full-service investment bank and financial services firm providing a range of advisory, financing, research and sales and trading services. The company’s primary business activities include equity and debt underwriting, mergers and acquisitions advisory, institutional brokerage, and wealth management. Through its integrated platform, Canaccord Genuity serves corporate, institutional and high-net-worth clients with customized capital markets solutions and strategic advice.
Founded in Vancouver in 1950, the firm has grown through a combination of organic expansion and targeted acquisitions, including the 2010 merger with Genuity Capital Markets, which bolstered its corporate finance capabilities.
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