Canaccord Genuity Group Inc. (TSE:CF – Get Free Report) Director Donald Duncan Macfayden sold 20,000 shares of Canaccord Genuity Group stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of C$14.59, for a total transaction of C$291,800.00. Following the sale, the director owned 141,705 shares of the company’s stock, valued at approximately C$2,067,475.95. This represents a 12.37% decrease in their ownership of the stock.
Donald Duncan Macfayden also recently made the following trade(s):
- On Monday, June 22nd, Donald Duncan Macfayden sold 29,000 shares of Canaccord Genuity Group stock. The shares were sold at an average price of C$14.82, for a total transaction of C$429,780.00.
Canaccord Genuity Group Trading Down 1.8%
TSE CF traded down C$0.26 on Wednesday, reaching C$14.26. The stock had a trading volume of 156,474 shares, compared to its average volume of 194,976. The company has a quick ratio of 1.05, a current ratio of 1.14 and a debt-to-equity ratio of 104.59. The stock has a fifty day moving average price of C$12.98 and a two-hundred day moving average price of C$12.29. Canaccord Genuity Group Inc. has a 12-month low of C$9.01 and a 12-month high of C$15.12. The firm has a market capitalization of C$1.43 billion, a price-to-earnings ratio of -9.83, a P/E/G ratio of 0.54 and a beta of 1.32.
Canaccord Genuity Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, June 19th. Canaccord Genuity Group’s dividend payout ratio (DPR) is -23.45%.
Wall Street Analyst Weigh In
Separately, Ventum Financial boosted their price target on shares of Canaccord Genuity Group from C$15.50 to C$16.50 and gave the stock a “buy” rating in a research note on Friday, June 5th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$16.25.
Get Our Latest Report on Canaccord Genuity Group
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.
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