City of London (LON:CTY) Reaches New 52-Week High - Here's Why

Key Points

• The City of London (LON:CTY) share price reached a new 52-week high at GBX 514 ($6.89), with trading volume of 612,311 shares.
• The company posted earnings per share (EPS) of GBX 21.57 for the last quarter, alongside a remarkable net margin of 95.77%.
• City of London has a current market capitalization of £2.55 billion and a PE ratio of 737.73.

City of London (LON:CTY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 514 ($6.89) and last traded at GBX 513 ($6.88), with a volume of 612311 shares. The stock had previously closed at GBX 510 ($6.84).

City of London Stock Down 0.3%

The business's 50 day moving average is GBX 500.88 and its 200-day moving average is GBX 482.61. The company has a debt-to-equity ratio of 7.40, a current ratio of 7.10 and a quick ratio of 0.50. The company has a market cap of £2.55 billion, a PE ratio of 737.73 and a beta of 0.66.

City of London (LON:CTY - Get Free Report) last issued its quarterly earnings results on Wednesday, September 17th. The company reported GBX 21.57 earnings per share (EPS) for the quarter. City of London had a net margin of 95.77% and a return on equity of 14.45%. As a group, analysts predict that City of London will post 5533.7129324 EPS for the current year.

City of London Company Profile

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