City of London Investment Group (LON:CLIG) Stock Crosses Below Two Hundred Day Moving Average - Time to Sell?

City of London Investment Group Plc (LON:CLIG - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 364.10 ($4.92) and traded as low as GBX 361 ($4.87). City of London Investment Group shares last traded at GBX 369 ($4.98), with a volume of 42,853 shares.

City of London Investment Group Trading Down 2.5%

The company has a debt-to-equity ratio of 4.72, a current ratio of 3.86 and a quick ratio of 2.68. The business's 50-day simple moving average is GBX 357.88 and its two-hundred day simple moving average is GBX 363.54. The stock has a market capitalization of £170.15 million, a price-to-earnings ratio of 11.32 and a beta of 0.47.

City of London Investment Group Company Profile

City of London Investment Group PLC is a United Kingdom-based asset management company, consisting of two wholly owned subsidiaries that invest primarily in closed-end funds for the benefit of their respective clients. The Company, through its subsidiary City of London Investment Management Company Limited (CLIM), historically specialized in Emerging Markets and has expanded its range to International, Opportunistic Value and Frontier strategies, for primarily institutional clients.