Closing Bell: CI Financial Corp up on Monday (CIX)

Today, CI Financial Corp shares closed at $16.25 after opening the day at $16.19. prices ranged from a low of $16.11 to a high of $16.42.

Share prices advanced 1.25% from the previous day's close of $16.05.

During the day across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

CI Financial Corp has listed on the Toronto Stock Exchange (TSX) under the ticker CIX.

A total of 1,059,731 shares was traded during the last trading day, with total trades of 2,451. On average, CI Financial Corp has traded 780,127 shares over 5 days and 457,019 year-to-date.

The TSX market on the whole today saw 3,734 price advancers against 1,480 declines and 101 unchanged.

During the prior 52 weeks, CIX.TO has traded as high as $17.73 (August 14,2023) and low as $12.51 (October 31,2023). Moreover, the shares have dipped -1.46% in 52 weeks, while they have boosted 9.35% this year.

It announced a 0.20 dividend on February 23/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, CI Financial Corp has a market capitalization of $2.31 billion on a float of 143,964 shares outstanding. Its annual EPS is $-1.13.

CI Financial Corp is a TSX Asset Management company headquartered in Toronto, CAN.

CI Financial Corp's average recommendation is "Moderate Buy" based on 8.00 analysts according to Zacks. From those 8 analysts, 3 have buy ratings and 5 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..