Thomas W. Griffith Sells 400,000 Shares of City of London Investment Group Plc (LON:CLIG) Stock

City of London Investment Group Plc (LON:CLIG - Get Free Report) insider Thomas W. Griffith sold 400,000 shares of the stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of GBX 341 ($4.62), for a total transaction of £1,364,000 ($1,847,988.08).

City of London Investment Group Price Performance

LON CLIG remained flat at GBX 345 ($4.67) during trading on Monday. The company's stock had a trading volume of 49,054 shares, compared to its average volume of 47,178. City of London Investment Group Plc has a fifty-two week low of GBX 310 ($4.20) and a fifty-two week high of GBX 400 ($5.42). The company has a current ratio of 3.86, a quick ratio of 2.68 and a debt-to-equity ratio of 4.72. The company has a market capitalization of £166.76 million, a P/E ratio of 11.10 and a beta of 0.47. The firm's fifty day moving average is GBX 359.40 and its 200 day moving average is GBX 362.02.

City of London Investment Group Company Profile

City of London Investment Group PLC is a United Kingdom-based asset management company, consisting of two wholly owned subsidiaries that invest primarily in closed-end funds for the benefit of their respective clients. The Company, through its subsidiary City of London Investment Management Company Limited (CLIM), historically specialized in Emerging Markets and has expanded its range to International, Opportunistic Value and Frontier strategies, for primarily institutional clients.