Shares of CI Financial Corp. (TSE:CIX - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as C$31.74 and last traded at C$31.70, with a volume of 204854 shares changing hands. The stock had previously closed at C$31.70.
CI Financial Stock Performance
The firm's 50-day moving average price is C$31.55 and its two-hundred day moving average price is C$31.30. The company has a debt-to-equity ratio of 506.88, a quick ratio of 0.17 and a current ratio of 0.32. The stock has a market cap of C$4.57 billion, a price-to-earnings ratio of -66.04, a PEG ratio of 0.04 and a beta of 1.67.
Insider Activity
In other CI Financial news, Senior Officer Edward Douglas Kelterborn sold 16,000 shares of the company's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of C$31.46, for a total value of C$503,360.00. Also, Director Paul Perrow sold 20,000 shares of the company's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of C$31.47, for a total transaction of C$629,414.00. In the last quarter, insiders have sold 576,000 shares of company stock valued at $18,015,813. 15.83% of the stock is currently owned by insiders.
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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