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

Today, CI Financial Corp shares closed at $16.05 after opening the day at $16.07. Intraday prices ranged from $15.79 to $16.45.

Share prices dipped -1.47% 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 -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 630,290 on 2,530 total trades, while having an average volume of 339,074 over 5 days.

The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 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, in the last 52 weeks, CI Financial Corp's shares have eased -2.85 percent, while they have boosted 8.01% this year.

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 $2.31 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 is holding an average recommendation of "Moderate Buy" from 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..