City of London Group (LON:CIN) Announces Quarterly Earnings Results

City of London Group (LON:CIN) posted its quarterly earnings data on Tuesday. The company reported GBX (8.42) (($0.11)) earnings per share (EPS) for the quarter, Bloomberg Earnings reports.

Shares of CIN remained flat at $GBX 140 ($1.84) during trading hours on Thursday. The stock had a trading volume of 2,575 shares, compared to its average volume of 4,222. The firm has a fifty day simple moving average of GBX 135.75 and a two-hundred day simple moving average of GBX 141.74. The stock has a market capitalization of $55.95 million and a price-to-earnings ratio of -11.48. City of London Group has a twelve month low of GBX 125 ($1.64) and a twelve month high of GBX 150 ($1.97). The company has a quick ratio of 1.85, a current ratio of 2.88 and a debt-to-equity ratio of 216.69.

Separately, FinnCap reiterated a “corporate” rating on shares of City of London Group in a research report on Tuesday.

City of London Group Company Profile

City of London Group plc primarily focuses on the provision of finance to the SME sector in the United Kingdom. It offers asset backed finance products, commercial loans, debt finance products, and leasing services to SMEs; loans to professional practice firms; and management services to third-party funds.

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