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City of London (LON:CTY) Reaches New 1-Year High - Should You Buy?

City of London logo with Financial Services background

City of London (LON:CTY - Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 496.50 ($6.66) and last traded at GBX 492 ($6.60), with a volume of 561573 shares trading hands. The stock had previously closed at GBX 495.50 ($6.65).

City of London Trading Up 0.2%

The firm has a market cap of £2.45 billion, a PE ratio of 8.34 and a beta of 0.66. The company has a quick ratio of 0.50, a current ratio of 7.10 and a debt-to-equity ratio of 7.40. The company's 50 day moving average price is GBX 484 and its two-hundred day moving average price is GBX 458.04.

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