CI Financial (TSE:CIX) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Posted by Defense World Staff on Jun 21st, 2025

CI Financial Corp. (TSE:CIX – Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$31.23 and traded as high as C$31.59. CI Financial shares last traded at C$31.54, with a volume of 426,448 shares.

CI Financial Stock Down 0.1%

The company has a quick ratio of 0.17, a current ratio of 0.32 and a debt-to-equity ratio of 506.88. The stock has a market cap of C$4.55 billion, a PE ratio of -65.75, a P/E/G ratio of 0.04 and a beta of 1.67. The business has a 50 day moving average price of C$31.41 and a 200 day moving average price of C$31.23.

CI Financial Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend was Monday, March 31st. CI Financial’s payout ratio is currently -166.77%.

Insider Transactions at CI Financial

In other CI Financial news, Director Brigette Elizabeth Chang sold 340,000 shares of the stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of C$31.20, for a total transaction of C$10,608,000.00. Also, Senior Officer Edward Douglas Kelterborn sold 16,000 shares of the stock in a transaction on Monday, June 2nd. The shares were sold at an average price of C$31.46, for a total transaction of C$503,360.00. Insiders have sold a total of 577,500 shares of company stock valued at $18,062,313 in the last ninety days. 15.83% of the stock is currently owned by corporate insiders.

CI Financial Company Profile

(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.