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

Today, CI Financial Corp shares opened at $16.85 and closed at $16.83. It traded at a low of $16.71 to a high of $16.85.

Shares dipped -0.06% from the previous day's close of $16.84.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

A total of 123,591 shares was traded during the last trading day, with total trades of 773. On average, CI Financial Corp has traded 336,986 shares over 5 days and 452,909 year-to-date.

The TSX market on the whole today saw 1,903 price advancers against 3,356 declines and 91 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 boosted 0.66 percent in the last year, while in 2024, they have boosted 13.26%.

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 $2.42 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. 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..