City of London Investment Group (LON:CLIG) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

City of London Investment Group Plc (LON:CLIGGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 439.89 and traded as high as GBX 484. City of London Investment Group shares last traded at GBX 482, with a volume of 128,771 shares traded.

City of London Investment Group Price Performance

The company has a 50-day moving average of GBX 439.89 and a 200 day moving average of GBX 411.71. 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 firm has a market cap of £237.98 million, a P/E ratio of 11.45 and a beta of 0.32.

Insider Buying and Selling at City of London Investment Group

In other news, insider Cooper Abbott bought 5,000 shares of the stock in a transaction dated Thursday, June 25th. The shares were acquired at an average price of GBX 439 per share, with a total value of £21,950. Insiders own 43.97% of the company’s stock.

City of London Investment Group Company Profile

(Get Free Report)

City of London Investment Group PLC (CLIG) is a specialist asset management group listed on the London Stock Exchange, consisting of two wholly owned subsidiaries, City of London Investment Management Company Limited and Karpus Investment Management.

City of London Investment Management Company Limited (CLIM) has deep expertise in Global and International investing including Emerging Markets as well as Listed Private Equity and its multi-asset class, “go anywhere” strategy, Opportunistic Value.

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