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

Today in trading, CI Financial Corp shares closed at $16.00 after opening the day at $15.69. It traded at a low of $15.19 to a high of $16.05.

Shares shrank -0.31 percent from the previous day's close of $16.05.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

Trading volume was 355,430 on 2,074 total trades. On average, CI Financial Corp has traded 385,442 shares in the last five days and 450,675 year-to-date.

Trading across the entire TSX saw 3,772 price advancers against 1,443 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, in the last 12 months, CI Financial Corp's shares have dipped -4.88 percent, while they have advanced 7.67% 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's average recommendation is "Moderate Buy" based on 8.00 analysts 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..