City of London Investment Group Plc (LON:CLIG - Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 357.56 ($4.82) and traded as low as GBX 347 ($4.68). City of London Investment Group shares last traded at GBX 350 ($4.72), with a volume of 89,661 shares.
City of London Investment Group Trading Up 1.5%
The company has a 50 day moving average of GBX 358.61 and a 200-day moving average of GBX 357.05. The company has a debt-to-equity ratio of 4.72, a quick ratio of 2.68 and a current ratio of 3.86. The stock has a market cap of £171.73 million, a price-to-earnings ratio of 11.43 and a beta of 0.47.
Insider Activity
In related news, insider Thomas W. Griffith sold 400,000 shares of the stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of GBX 341 ($4.60), for a total transaction of £1,364,000 ($1,840,010.79). Also, insider Rian Dartnell bought 10,000 shares of the firm's stock in a transaction that occurred on Friday, June 13th. The shares were purchased at an average cost of GBX 347 ($4.68) per share, for a total transaction of £34,700 ($46,809.66). 53.72% of the stock is currently owned by corporate insiders.
About City of London Investment Group
(
Get Free Report)
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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