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

In trading today, shares of CI Financial Corp opened at $16.72 and closed at $16.69. prices ranged from $16.61 to $16.85.

Shares dipped -0.65 percent from the previous day's close of $16.80.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

A total of 337,371 shares was traded during the session, with total trades of 1,670. On average, CI Financial Corp has traded 329,577 shares over the last 5-days and 451,007 year-to-date.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 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 shrunken -0.18 percent in the last 12 months, while in 2024, they have advanced 12.31%.

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. Currently, there are 3 buy ratings and 5 hold ratings for the stock.

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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..