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City of London (LON:CTY) Hits New 1-Year High - Here's Why

City of London logo with Financial Services background

City of London (LON:CTY - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 498 ($6.77) and last traded at GBX 498 ($6.77), with a volume of 453198 shares traded. The stock had previously closed at GBX 495.50 ($6.73).

City of London Stock Down 0.2%

The company has a current ratio of 7.10, a quick ratio of 0.50 and a debt-to-equity ratio of 7.40. The firm has a market capitalization of £2.47 billion, a price-to-earnings ratio of 8.40 and a beta of 0.66. The stock has a fifty day moving average of GBX 485.69 and a 200-day moving average of GBX 459.39.

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