CI Financial Corp. (NYSE:CIXXF - Get Free Report) hit a new 52-week high during trading on Friday . The stock traded as high as $22.91 and last traded at $22.91, with a volume of 410 shares. The stock had previously closed at $22.76.
CI Financial Stock Performance
The firm has a market cap of $3.28 billion, a price-to-earnings ratio of -69.01 and a beta of 1.36. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 4.53. The stock's 50 day moving average is $22.39 and its 200 day moving average is $21.73.
CI Financial Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st were issued a $0.1432 dividend. This represents a yield of 2.63%. The ex-dividend date was Monday, March 31st. CI Financial's dividend payout ratio is currently -39.86%.
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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