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

In today's trading, CI Financial Corp shares closed at $16.05 after opening the day at $16.07. It traded at a low of $15.79 to a high of $16.45.

Share prices reduced -1.47 percent from the previous day's close of $16.29.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 630,290 shares was traded during the last trading day, with total trades of 2,530, while having an average volume of 339,095 over the last 5-days.

Trading across the entire TSX saw 741 price advancers against 4,512 declines and 69 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 eased -2.85 percent in the last 52 weeks, while in 2024, they have advanced 8.01%.

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.

Currently, CI Financial Corp has an average recommendation of "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..