City of London Investment Group Plc (LON:CLIG - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 356.45 ($4.78) and traded as low as GBX 350 ($4.69). City of London Investment Group shares last traded at GBX 350 ($4.69), with a volume of 116,828 shares.
City of London Investment Group Stock Performance
The company has a current ratio of 3.86, a quick ratio of 2.68 and a debt-to-equity ratio of 4.72. The firm's fifty day moving average price is GBX 356.81 and its 200 day moving average price is GBX 355.78. The firm has a market capitalization of £175.95 million, a PE ratio of 11.71 and a beta of 0.47.
Insider Activity
In other news, insider Rian Dartnell acquired 10,000 shares of the company's stock in a transaction dated Friday, June 13th. The stock was bought at an average price of GBX 347 ($4.65) per share, with a total value of £34,700 ($46,545.94). Also, insider Thomas W. Griffith sold 400,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of GBX 341 ($4.57), for a total transaction of £1,364,000 ($1,829,644.53). Corporate insiders own 53.72% of the company's stock.
About City of London Investment Group
(
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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.
Further Reading
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