Closing Bell: CI Financial Corp down on Wednesday (CIX)

Today in trading, CI Financial Corp opened at $16.27 and closed at $16.05. It traded at a low of $15.97 to a high of $16.32.

The price dipped -1.47% from the previous day's close of $16.29.

During the day across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

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

Trading volume was 419,927 on 1,973 total trades, while having an average volume of 611,920 in the last five days.

The TSX market on the whole today saw 1,249 price advancers against 3,959 declines and 110 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 -1.83 percent in 52 weeks, while they have boosted 8.01% year-to-date.

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 $2.35 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.

Based on 8.00 analysts, CI Financial Corp gets an average recommendation of "Moderate Buy" 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..