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

City of London Group (LON:CIN) issued 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 LON CIN remained flat at $GBX 140 ($1.84) during mid-day trading on Thursday. The stock had a trading volume of 2,575 shares, compared to its average volume of 4,222. The company has a debt-to-equity ratio of 216.69, a current ratio of 2.88 and a quick ratio of 1.85. City of London Group has a one year low of GBX 125 ($1.64) and a one year high of GBX 150 ($1.97). The firm has a market capitalization of $55.95 million and a P/E ratio of -11.48. The business’s 50-day simple moving average is GBX 135.75 and its 200-day simple moving average is GBX 141.74.

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

About City of London Group

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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