CI Financial Corp. (NYSE:CIXXF - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $17.08, but opened at $17.97. CI Financial shares last traded at $17.07, with a volume of 1,468 shares traded.
CI Financial Stock Up 0.2 %
The firm has a market cap of $2.47 billion, a PE ratio of -51.88 and a beta of 1.31. The company has a debt-to-equity ratio of 3.53, a current ratio of 0.34 and a quick ratio of 0.34. The business has a fifty day moving average price of $15.06 and a two-hundred day moving average price of $12.68.
CI Financial Cuts Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a dividend of $0.1471 per share. This represents a dividend yield of 4.37%. The ex-dividend date was Friday, September 27th. CI Financial's payout ratio is -178.78%.
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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