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City of London (LON:CTY) Releases Quarterly Earnings Results

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Key Points

  • City of London (LON:CTY) reported quarterly earnings per share of GBX 21.57, demonstrating a notable net margin of 95.77% and a return on equity of 14.45%.
  • The stock price opened at GBX 496.89 and has a market cap of £2.46 billion, with a price-to-earnings ratio of 1,124.19.
  • City of London stock has shown stability with a current ratio of 7.10, although it maintains a high debt-to-equity ratio of 7.40.
  • Five stocks we like better than City of London.

City of London (LON:CTY - Get Free Report) announced its earnings results on Wednesday. The company reported GBX 21.57 earnings per share (EPS) for the quarter, Digital Look Earnings reports. City of London had a net margin of 95.77% and a return on equity of 14.45%.

City of London Price Performance

Shares of City of London stock traded up GBX 0.50 during mid-day trading on Thursday, reaching GBX 499. 767,541 shares of the stock were exchanged, compared to its average volume of 999,205. The company has a market cap of £2.47 billion, a price-to-earnings ratio of 1,128.96 and a beta of 0.66. 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 50-day simple moving average of GBX 498.10 and a 200 day simple moving average of GBX 477.03. City of London has a fifty-two week low of GBX 382.27 and a fifty-two week high of GBX 512.

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