At close of market on Tuesday, Intact Financial Corporation (TSX:IFC) stock finished trading at +1.49%, bringing the stock price to $122.81 on the Toronto Stock Exchange. The stock price saw a low of $121.61 and a high of $123.37.
The company’s stock was traded 2,017 times with a total of 271,239 shares traded.
Intact Financial Corporation has a market cap of $17.09 billion, with 139.19 million shares in issue.
Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly owned subsidiary, BrokerLink, and directly to consumers through belairdirect. Most of the company’s direct premiums are written in the personal automotive space. Intact directly manages its investments through subsidiary Intact Investment Management. The vast majority of these invested assets are fixed-income securities. Its asset mix is designed to generate interest and dividend income.
