City of London Investment Group Plc (LON:CLIG - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 360.31 ($4.90) and traded as low as GBX 343.01 ($4.67). City of London Investment Group shares last traded at GBX 344 ($4.68), with a volume of 45,379 shares.
City of London Investment Group Stock Up 1.2%
The firm has a market capitalization of £168.34 million, a price-to-earnings ratio of 11.20 and a beta of 0.47. The business has a 50 day simple moving average of GBX 361.42 and a 200-day simple moving average of GBX 360.31. The company has a debt-to-equity ratio of 4.72, a quick ratio of 2.68 and a current ratio of 3.86.
Insiders Place Their Bets
In other City of London Investment Group news, insider Rian Dartnell acquired 10,000 shares of the business's stock in a transaction that occurred on Friday, June 13th. The stock was purchased at an average cost of GBX 347 ($4.72) per share, with a total value of £34,700 ($47,236.59). Also, insider Thomas W. Griffith sold 400,000 shares of the firm's stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of GBX 341 ($4.64), for a total value of £1,364,000 ($1,856,792.81). Corporate insiders own 53.72% of the company's stock.
City of London Investment Group Company Profile
(
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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.
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