CI Financial Corp. (NYSE:CIXXF - Get Free Report)'s stock price shot up 0.3% on Wednesday . The stock traded as high as $23.02 and last traded at $23.01. 731 shares traded hands during trading, a decline of 99% from the average session volume of 73,343 shares. The stock had previously closed at $22.95.
CI Financial Stock Up 0.0%
The company has a market capitalization of $3.32 billion, a P/E ratio of -69.76 and a beta of 1.32. 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 business's fifty day moving average price is $22.49 and its 200 day moving average price is $21.86.
CI Financial Cuts Dividend
The company also recently announced a dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st were paid a $0.1432 dividend. This represents a dividend yield of 2.63%. The ex-dividend date of this dividend was Monday, March 31st. CI Financial's dividend payout ratio (DPR) is currently -39.86%.
About CI Financial
(
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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