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City of London (LON:CTY) Reaches New 12-Month High - Time to Buy?

City of London logo with Financial Services background

Key Points

  • City of London (LON:CTY) reached a new 52-week high of GBX 504 ($6.82) during trading, after closing the previous day at GBX 501 ($6.78).
  • The company's market capitalization stands at £2.48 billion with a price-to-earnings ratio of 8.44.
  • Its stock has a debt-to-equity ratio of 7.40 and moving averages of GBX 492.28 (50-day) and GBX 466.62 (200-day).
  • Want stock alerts on City of London? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

City of London (LON:CTY - Get Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 504 ($6.81) and last traded at GBX 502.84 ($6.79), with a volume of 313369 shares. The stock had previously closed at GBX 501 ($6.77).

City of London Trading Down 0.3%

The firm has a market capitalization of £2.46 billion, a PE ratio of 8.39 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 business has a fifty day moving average price of GBX 492.79 and a two-hundred day moving average price of GBX 467.96.

City of London Company Profile

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