City of London (LON:CTY - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 436.99 ($5.81) and traded as high as GBX 468 ($6.22). City of London shares last traded at GBX 465 ($6.18), with a volume of 613,077 shares traded.
City of London Stock Up 0.6 %
The stock has a market cap of £2.33 billion, a PE ratio of 7.92 and a beta of 0.66. The business has a fifty day moving average of GBX 448.26 and a 200-day moving average of GBX 437.20. The company has a debt-to-equity ratio of 7.40, a current ratio of 7.10 and a quick ratio of 0.50.
City of London Cuts Dividend
The company also recently announced a dividend, which will be paid on Sunday, June 1st. Shareholders of record on Sunday, May 25th will be issued a GBX 5.40 ($0.07) dividend. This represents a dividend yield of 1.21%. The ex-dividend date is Sunday, May 25th. City of London's dividend payout ratio is 35.35%.
Insider Activity
In other City of London news, insider Sally Lake acquired 9,200 shares of the business's stock in a transaction that occurred on Tuesday, April 8th. The shares were bought at an average cost of GBX 431 ($5.73) per share, with a total value of £39,652 ($52,679.69). Insiders own 1.49% of the company's stock.
City of London Company Profile
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