City of London Investment Group (LON:CLIG) Share Price Crosses Below 200-Day Moving Average - What's Next?

City of London Investment Group Plc (LON:CLIG - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 365.89 ($4.88) and traded as low as GBX 359 ($4.78). City of London Investment Group shares last traded at GBX 362 ($4.82), with a volume of 20,444 shares trading hands.

City of London Investment Group Stock Up 2.2 %

The firm has a market cap of £175.95 million, a price-to-earnings ratio of 11.71 and a beta of 0.47. The firm has a 50-day moving average of GBX 345.59 and a two-hundred day moving average of GBX 365.81. The company has a current ratio of 3.86, a quick ratio of 2.68 and a debt-to-equity ratio of 4.72.

City of London Investment Group (LON:CLIG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The closed-end fund reported GBX 19 ($0.25) earnings per share for the quarter. City of London Investment Group had a return on equity of 12.88% and a net margin of 27.80%. As a group, sell-side analysts predict that City of London Investment Group Plc will post 31.8965517 earnings per share for the current fiscal year.

About City of London Investment Group

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.