City of London (LON:CTY) Sets New 1-Year High - Time to Buy?

Key Points

• City of London (LON:CTY) shares reached a new 52-week high, trading as high as GBX 408 and closing at GBX 498.50 with a volume of 794,880 shares.
• The company reported an earnings per share of GBX 21.57 for the last quarter, with a remarkable net margin of 95.77% and a return on equity of 14.45%.
• City of London has a market capitalization of £2.47 billion, a PE ratio of 1,127.83, and is advised by analysts to expect earnings per share of about £5,533.71 for the current year.

City of London (LON:CTY - Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 408 ($5.57) and last traded at GBX 498.50 ($6.80), with a volume of 794880 shares changing hands. The stock had previously closed at GBX 497 ($6.78).

City of London Trading Up 0.3%

The company's 50 day moving average price is GBX 497.79 and its two-hundred day moving average price is GBX 476.53. 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 stock has a market capitalization of £2.47 billion, a PE ratio of 1,127.83 and a beta of 0.66.

City of London (LON:CTY - Get Free Report) last released its quarterly earnings data 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 expect that City of London will post 5533.7129324 earnings per share for the current year.

City of London Company Profile

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