CI Financial Corp. (NYSE:CIXXF - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $23.02 and last traded at $23.01, with a volume of 731 shares traded. The stock had previously closed at $22.95.
CI Financial Stock Up 0.3%
The stock has a market capitalization of $3.32 billion, a price-to-earnings ratio of -69.73 and a beta of 1.36. The firm has a 50-day moving average of $22.46 and a 200 day moving average of $21.82. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 4.53.
CI Financial Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.1432 per share. The ex-dividend date was Monday, March 31st. This represents a dividend yield of 2.63%. CI Financial's dividend payout ratio is presently -39.86%.
CI Financial Company Profile
(
Get Free Report)
CI Financial Corp. is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client focused equity, fixed income, and alternative investments portfolios. It also manages mutual funds, hedge funds, and fund of funds for its clients through its subsidiaries.
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