City of London (LON:CTY) Sets New 52-Week High - Should You 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)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 408 ($5.50) and last traded at GBX 498.50 ($6.72), with a volume of 794880 shares. The stock had previously closed at GBX 497 ($6.70).

City of London Stock Down 0.1%

The stock has a market capitalization of £2.47 billion, a PE ratio of 1,127.83 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 moving average of GBX 498.23 and a two-hundred day moving average of GBX 477.90.

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

City of London Company Profile