City of London Investment Group PLC (LON:CLIG) insider Barry M. Olliff sold 25,000 shares of the business’s stock in a transaction on Tuesday, March 13th. The shares were sold at an average price of GBX 450 ($6.22), for a total transaction of £112,500 ($155,429.68).
City of London Investment Group PLC (LON CLIG) traded down GBX 11 ($0.15) during midday trading on Wednesday, reaching GBX 441 ($6.09). 1,299 shares of the company were exchanged, compared to its average volume of 11,832. The firm has a market capitalization of $116.91 and a P/E ratio of 1,130.77. City of London Investment Group PLC has a 52 week low of GBX 358.25 ($4.95) and a 52 week high of GBX 459 ($6.34).
City of London Investment Group (LON:CLIG) last posted its earnings results on Monday, February 19th. The closed-end fund reported GBX 20.20 ($0.28) earnings per share (EPS) for the quarter. The company had revenue of GBX 1,708 million during the quarter. City of London Investment Group had a net margin of 30.04% and a return on equity of 54.60%.
Separately, N+1 Singer restated a “hold” rating on shares of City of London Investment Group in a research report on Monday, February 19th.
City of London Investment Group Company Profile
City of London Investment Group PLC is a United Kingdom-based institutional asset manager focused on closed-end fund investments. The Company offers developed, frontier, tactical asset allocation and private equity closed-end fund strategies. The Company’s clients include the United States based pension funds, foundations and endowments.
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