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CI Financial (NYSE:CIXXF) Sees Unusually-High Trading Volume - Here's What Happened

CI Financial logo with Finance background

CI Financial Corp. (NYSE:CIXXF - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 75,002 shares were traded during mid-day trading, an increase of 12% from the previous session's volume of 66,825 shares.The stock last traded at $23.00 and had previously closed at $22.98.

CI Financial Trading Up 0.3%

The stock has a market capitalization of $3.33 billion, a PE ratio of -69.91 and a beta of 1.32. The firm has a 50 day moving average price of $22.80 and a 200 day moving average price of $22.11. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 4.53.

CI Financial Company Profile

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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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