Cooper Abbott Acquires 6,508 Shares of City of London Investment Group (LON:CLIG) Stock

City of London Investment Group Plc (LON:CLIG) insider Cooper Abbott purchased 6,508 shares of the company’s stock in a transaction on Tuesday, March 24th. The stock was acquired at an average price of GBX 384 per share, with a total value of £24,990.72.

Cooper Abbott also recently made the following trade(s):

• On Monday, March 23rd, Cooper Abbott acquired 5,000 shares of City of London Investment Group stock. The shares were bought at an average cost of GBX 379 per share, with a total value of £18,950.
• On Thursday, March 12th, Cooper Abbott purchased 28,500 shares of City of London Investment Group stock. The shares were purchased at an average cost of GBX 410 per share, with a total value of £116,850.

City of London Investment Group Stock Down 2.3%

LON CLIG opened at GBX 380 on Friday. The stock has a 50 day moving average price of GBX 393.21 and a 200-day moving average price of GBX 383.55. City of London Investment Group Plc has a one year low of GBX 310 and a one year high of GBX 427. The company has a debt-to-equity ratio of 3.30, a quick ratio of 2.68 and a current ratio of 74.85. The company has a market capitalization of £187.62 million, a P/E ratio of 9.03 and a beta of 0.29.

About City of London Investment Group

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.

The Company, through its subsidiary Karpus Investment Management (KIM), provides closed-end fund strategies across all asset classes to wealth management clients in the United States.