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City of London (LON:CTY) Stock Passes Below Fifty Day Moving Average - Time to Sell?

City of London logo with Financial Services background
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Key Points

  • Shares of City of London crossed below its 50-day moving average (50-day MA GBX 554.88), trading as low as GBX 524.45 and last at GBX 528.20 on a volume of 2,379,021, leaving the price roughly at/just below the 200-day MA of GBX 529.10.
  • The company has a market capitalization of £2.68 billion, a P/E of 4.63 and beta of 0.84; last quarter EPS was GBX 8.85 with a net margin of 97.40% and return on equity of 22.92%.
  • Five stocks to consider instead of City of London.

Shares of City of London (LON:CTY - Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 554.88 and traded as low as GBX 524.45. City of London shares last traded at GBX 528.20, with a volume of 2,379,021 shares.

City of London Trading Up 0.0%

The company has a market capitalization of £2.68 billion, a price-to-earnings ratio of 4.63 and a beta of 0.84. The business's 50 day moving average price is GBX 554.88 and its two-hundred day moving average price is GBX 529.10.

City of London (LON:CTY - Get Free Report) last released its quarterly earnings data on Friday, February 27th. The company reported GBX 8.85 earnings per share (EPS) for the quarter. City of London had a net margin of 97.40% and a return on equity of 22.92%. Analysts expect that City of London will post 5533.7129324 EPS for the current year.

About City of London

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Further Reading

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