Peter Roth Acquires 5,000 Shares of City of London Investment Group (LON:CLIG) Stock

Key Points

• Peter Roth, an insider at City of London Investment Group, purchased 5,000 shares at an average cost of GBX 368 each, totaling £18,400.
• The stock was trading at GBX 366, with an average trading volume of 80,731 shares compared to its typical 53,752 shares.
• The company specializes in asset management with a focus on closed-end funds, catering primarily to institutional clients in emerging and frontier markets.

City of London Investment Group Plc (LON:CLIG - ) insider Peter Roth bought 5,000 shares of the firm's stock in a transaction on Monday, October 20th. The shares were bought at an average cost of GBX 368 per share, with a total value of £18,400.

City of London Investment Group Stock Performance

LON:CLIG traded up GBX 1 during trading hours on Tuesday, hitting GBX 366. 80,731 shares of the company traded hands, compared to its average volume of 53,752. The company has a current ratio of 3.86, a quick ratio of 2.68 and a debt-to-equity ratio of 4.72. City of London Investment Group Plc has a twelve month low of GBX 310 and a twelve month high of GBX 420. The firm has a 50-day moving average of GBX 384.92 and a 200 day moving average of GBX 366.47. The stock has a market capitalization of £179.08 million, a price-to-earnings ratio of 9.29 and a beta of 0.47.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.