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

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

Today, Igm Financial Inc shares closed at $37.89 after opening the day at $38.01. Intraday prices ranged from a low of $37.54 to a high of $38.37.

Shares decreased -2.02% from the previous day's close of $38.67.

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.

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

Trading volume was 190,149 on 1,335 total trades, while having an average volume of 193,077 over the last 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, IGM.TO has traded as high as $40.60 (August 03,2023) and low as $30.34 (October 26,2023). Moreover, the shares have dipped -5.89 percent in the last 12 months, while this year, they have gained 8.23%.

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 $8.99 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.

Currently, Igm Financial Inc has an average recommendation of "Moderate Buy" based on 8.00 analysts according to Zacks. Currently, there are 4 buy ratings and 4 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..