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

Automated Summaries - The Globe and Mail - Fri Jul 26, 4:01PM CDT

Today in trading, shares of CI Financial Corp opened at $16.76 and closed at $16.84. It traded at a low of $16.74 to a high of $16.93.

Shares advanced 0.78 percent from the previous day's close of $16.71.

During the day across North America, the TSX Composite closed 0.91% at 22814.81, the S&P 500 closed -0.51% at 5399.22, the Dow Jones Industrial Average closed 0.20% at 39935.07 and the Nasdaq Composite closed -0.93% at 17181.72.

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

Trading volume was 239,426 on 1,460 total trades, with an average volume of 524,208 in the last five days.

The TSX overall saw 3,857 price advancers against 1,325 declines and 128 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 advanced 1.26% in the last year, while this year, they have raised 13.32%.

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 $2.41 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..