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

In market activity today, CI Financial Corp opened at $16.85 and closed at $16.80. It traded at a low of $16.52 to a high of $16.93.

The price eased -0.18% from the previous day's close of $16.83.

Today across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

A total of 286,992 shares was traded during the session, with total trades of 1,719, while having an average volume of 346,088 over the last 5-days.

The TSX overall saw 2,584 price advancers against 2,644 declines and 86 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 soared 0.48% in the last 12 months, while in 2024, they have advanced 13.06%.

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.

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..