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

Today, shares of CI Financial Corp opened at $16.23 and closed at $16.29. Intraday prices ranged from $16.18 to $16.44.

Shares gained 0.25% from the previous day's close of $16.25.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

CI Financial Corp traded under CIX on the Toronto Stock Exchange (TSX).

Trading volume was 241,455 on 1,546 total trades, while having an average volume of 704,385 over the last 5-days.

The TSX overall saw 3,093 price advancers against 2,137 declines and 96 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 -1.21% in the last 12 months, while this year, they have advanced 9.62%.

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 $2.34 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.

Currently, CI Financial Corp's consensus rating is "Moderate Buy" based on 8 analysts according to Zacks. Currently, there are 3 buy ratings and 5 hold ratings for the stock.

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..