CI Financial (TSE:CIX) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Posted by Editorial Team on Jun 12th, 2025

CI Financial Corp. (TSE:CIX – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$31.20 and traded as high as C$31.57. CI Financial shares last traded at C$31.56, with a volume of 819,934 shares traded.

CI Financial Trading Up 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 business’s 50 day moving average is C$31.33 and its 200-day moving average is C$31.20. The firm has a market cap of C$4.55 billion, a P/E ratio of -65.79, a price-to-earnings-growth ratio of 0.04 and a beta of 1.67.

CI Financial Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.53%. CI Financial’s dividend payout ratio (DPR) is presently -166.77%.

Insider Buying and Selling

In related news, Director Brigette Elizabeth Chang sold 340,000 shares of CI Financial stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of C$31.20, for a total value of C$10,608,000.00. Also, Director Paul Perrow sold 20,000 shares of the business’s stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of C$31.47, for a total transaction of C$629,414.00. Over the last quarter, insiders sold 577,500 shares of company stock worth $18,062,313. Insiders own 15.83% of the company’s stock.

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.