iA Financial (OTCMKTS:IAFNF) Stock Price Down 0.5% – Here’s What Happened

Shares of iA Financial Co. Inc. (OTCMKTS:IAFNF) were down 0.5% during mid-day trading on Tuesday . The stock traded as low as $124.31 and last traded at $124.31. Approximately 8,568 shares traded hands during trading, a decline of 10% from the average daily volume of 9,495 shares. The stock had previously closed at $124.98.

Analyst Ratings Changes

Several research analysts recently issued reports on IAFNF shares. CIBC lowered iA Financial from an “outperform” rating to a “neutral” rating in a research report on Thursday, January 8th. National Bankshares reiterated a “sector perform” rating on shares of iA Financial in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, iA Financial presently has a consensus rating of “Hold”.

iA Financial Stock Performance

The business’s 50 day moving average is $124.78 and its two-hundred day moving average is $115.04.

About iA Financial

iA Financial Group (OTCMKTS: IAFNF) is a Canadian-based insurance and wealth management company offering a broad spectrum of financial products and services. The company’s core operations encompass life and health insurance, creditor insurance, auto and home insurance, as well as group insurance solutions for businesses and associations. Founded in 1892 and headquartered in Quebec City, iA Financial has grown to become one of Canada’s largest insurers and wealth managers, serving individual and corporate clients through a comprehensive network of agents, brokers, and financial advisors.

In its wealth management division, iA Financial Group provides retirement savings plans, mutual funds, segregated funds, and managed accounts.