Shares of CI Financial Corp. (NYSE:CIXXF – Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $15.59 and last traded at $15.59, with a volume of 7605 shares trading hands. The stock had previously closed at $15.24.
CI Financial Price Performance
The company’s fifty day moving average is $13.12 and its two-hundred day moving average is $11.96. The company has a debt-to-equity ratio of 3.53, a quick ratio of 0.34 and a current ratio of 0.34. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of -17.32 and a beta of 1.36.
CI Financial (NYSE:CIXXF – Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.66 EPS for the quarter. CI Financial had a positive return on equity of 50.83% and a negative net margin of 1.90%. The company had revenue of $720.62 million for the quarter. Equities research analysts forecast that CI Financial Corp. will post 2.65 EPS for the current year.
CI Financial Cuts Dividend
CI Financial Company Profile
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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