CI Financial (OTCMKTS:CIFAF) Trading Up 3.6% – What’s Next?

CI Financial Corp (OTCMKTS:CIFAFGet Free Report)’s share price shot up 3.6% during trading on Wednesday . The company traded as high as $16.73 and last traded at $16.73. 3,256 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 4,045 shares. The stock had previously closed at $16.14.

CI Financial Stock Performance

The firm has a 50-day moving average of $13.96 and a two-hundred day moving average of $12.22.

About CI Financial

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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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