Closing Bell: Igm Financial Inc down on Thursday (IGM)

In trading today, Igm Financial Inc shares closed at $38.67 after opening the day at $39.19. Intraday prices ranged from a low of $38.18 to a high of $39.19.

Share prices eased -1.15 percent from the previous day's close of $39.12.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Igm Financial Inc traded under IGM on the Toronto Stock Exchange (TSX).

Trading volume was 248,839 on 1,508 total trades. On average, Igm Financial Inc has traded 181,190 shares over 5 days and 246,512 year-to-date.

Trading across the entire TSX saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, IGM.TO has traded as high as $41.18 (August 02,2023) and low as $30.34 (October 26,2023). Moreover, in the last 12 months, Igm Financial Inc's shares have eased -6.16 percent, while this year, they have advanced 10.45%.

It announced a 0.56 dividend on May 03/24, with an June 28/24 ex-date and July 31/24 pay day.

Following today's trading, Igm Financial Inc has a market capitalization of $9.29 billion on a float of 237,357 shares outstanding. Its annual EPS is $4.16.

Igm Financial Inc is a TSX Asset Management company headquartered in Winnipeg, CAN.

Igm Financial Inc's average recommendation is "Moderate Buy" based on 8.00 analysts according to Zacks. Currently, there are 5 buy ratings and 3 hold ratings for the stock.

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..