CI Financial Corp (OTCMKTS:CIFAF – Get Free Report) dropped 0.5% on Wednesday . The stock traded as low as $12.07 and last traded at $12.09. Approximately 1,508 shares traded hands during trading, a decline of 63% from the average daily volume of 4,045 shares. The stock had previously closed at $12.15.
CI Financial Stock Performance
The company has a 50-day moving average of $12.34 and a two-hundred day moving average of $11.38.
About CI Financial
CI Financial Corp. engages in the business of management, marketing, distribution, and administration of investment funds. It operates through the Asset Management and Asset Administration segments. The Asset Management segment includes fees earned on the management of mutual, segregated, pooled and closed-end funds, structured products and discretionary accounts.
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